Kinetic Concepts, Inc. 401(k) Plan (terminated 2020): Login, Facts & Contact Information

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Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2020, when $332.7 million was transferred out of the plan. Assets moved to the 3M VOLUNTARY INVESTMENT PLAN AND EMPLOYEE STOCK OWNERSHIP PLAN (sponsored by 3M COMPANY). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

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Kinetic Concepts, Inc. 401(k) Plan Facts (plan year 2020)

Plan name

THE ACELITY 401(K) PLAN

Plan type

401(k) with employer contributions and profit sharing

Plan sponsor

KINETIC CONCEPTS, INC.

Participants

3,839

Former employees with a balance

Recordkeeper

T Rowe Price Rps Inc

Plan year

Jan 1, 2020 – Jan 31, 2020

Plan established

Jul 1, 1991

✓ 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 2020 (Jan 1, 2020 – Jan 31, 2020), filed Nov 9, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

$102,452 went into the plan in contributions.
$38.0 million was paid out to participants.
Investment and other income added $612,837.

How the Kinetic Concepts, Inc. 401(k) changed, 2015–2020

Plan year	Participants	Plan assets	Employer contributions	Benefits paid
2015	4,641	$294.1 million	$13.6 million	$36.2 million
2016	4,924	$330.7 million	$15.2 million	$29.6 million
2017	4,971	$318.6 million	$11.8 million	$28.4 million
2018	4,186	$304.6 million	$11.2 million	$28.6 million
2019	4,023	$370.0 million	$12.2 million	$46.4 million
2020 (final)	3,839	$0	—	$38.0 million

Kinetic Concepts, Inc. 401(k) Contact Information

Phone

210-255-5566

Mailing address

12930 I-10 WEST, SAN ANTONIO TX 78249

Plan sponsor

KINETIC CONCEPTS, INC.

Employer identification number (EIN)

74-1891727

Plan number

002

Questions about the Kinetic Concepts, Inc. 401(k)

Is the Kinetic Concepts, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2020. Its assets were transferred to the 3M VOLUNTARY INVESTMENT PLAN AND EMPLOYEE STOCK OWNERSHIP PLAN.