Kent Sporting Goods Co., Inc. 401(k) Plan: Login, Facts & Contact Information

Kent Sporting Goods Co., Inc. 401(k) Plan Facts

Plan name
KENT WATER SPORTS HOLDINGS, LLC EMPLOYEES' 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
KENT WATER SPORTS HOLDINGS, LLC
Participants
397 (361 active employees)
Former employees with a balance
32
Plan assets
$14,031,351 at Dec 31, 2022
Average account balance
$55,025 across 255 accounts
Employer contributions
$366,127 in plan year 2022 (22% of all contributions)
Recordkeeper
Spectrum Pension Consultants, Inc
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Sep 1, 1996
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Jul 5, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $1.70 million went into the plan in contributions, $366,127 of it from the employer (22%).
  • $1.20 million was paid out to participants.
  • Administrative expenses were $48,857, about $192 per account.

How the Kent Sporting Goods Co., Inc. 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017336$9.99 million—$175,574
2018321$9.43 million—$490,814
2019337$11.1 million—$979,399
2020370$13.5 million—$323,395
2021363$16.4 million$2,854$523,760
2022397$14.0 million$366,127$1.20 million

Kent Sporting Goods Co., Inc. 401(k) Contact Information

Phone
419-929-7021
Mailing address
433 PARK AVENUE, NEW LONDON OH 448511177
Plan sponsor
KENT WATER SPORTS HOLDINGS, LLC
Employer identification number (EIN)
34-1350022
Plan number
002

Questions about the Kent Sporting Goods Co., Inc. 401(k)

Does Kent Sporting Goods Co., Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $366,127, 22% of all contributions.

Does the Kent Sporting Goods Co., Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Kent Sporting Goods Co., Inc 401(k) plan?

397 participants at the start of plan year 2022, 361 of them active employees, and 32 former employees who still had money in the plan.

What is the average 401(k) balance at Kent Sporting Goods Co., Inc?

About $55,025 per account: $14.0 million in plan assets across 255 accounts with a balance at the end of plan year 2022.

Who manages the Kent Sporting Goods Co., Inc 401(k) accounts?

SPECTRUM PENSION CONSULTANTS, INC is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Kent Sporting Goods Co., Inc. How do I access my 401(k)?

Your account stays with SPECTRUM PENSION CONSULTANTS, INC after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

Related Companies
Headquarter: 14600 BISCAYNE BOULEVARD, NORTH MIAMI, FL, 33181
Headquarter: 2716 GRASSLAND DRIVE, LOUISVILLE, KY, 40299
Headquarter: 70 FEDEX PARKWAY 2ND FLOOR VERTICAL, COLLIERVILLE, TN, 38017
Headquarter: 1390 ENCLAVE PARKWAY, HOUSTON, TX, 770772099
Headquarter: 35 WEST WACKER DRIVE, CHICAGO, IL, 60601