Kronos Incorporated 401(k) Plan (terminated 2021): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2021, when $914.5 million was transferred out of the plan. Assets moved to the UKG RETIREMENT SAVINGS PLAN (sponsored by UKG INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the UKG RETIREMENT SAVINGS PLAN →

Kronos Incorporated 401(k) Plan Facts (plan year 2021)

Plan name
KRONOS INCORPORATED RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
KRONOS INCORPORATED
Participants
5,400
Former employees with a balance
0
Employer contributions
$9,084,590 in plan year 2021 (27% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2021 – May 1, 2021
Plan established
Jan 1, 1990
✓ 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 2021 (Jan 1, 2021 – May 1, 2021), filed Feb 28, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $34.2 million went into the plan in contributions, $9.08 million of it from the employer (27%).
  • $113.9 million was paid out to participants.
  • Investment and other income added $70.1 million.

How the Kronos Incorporated 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20163,996$493.6 million$8.13 million$29.9 million
20174,387$618.9 million$8.64 million$29.5 million
20184,576$595.8 million$9.00 million$40.8 million
20194,814$764.1 million$9.95 million$44.2 million
20205,227$923.8 million$10.7 million$45.4 million
2021 (final)5,400$0$9.08 million$113.9 million

Kronos Incorporated 401(k) Contact Information

Phone
978-250-9800
Mailing address
900 CHELMSFORD STREET, LOWELL MA 01851
Plan sponsor
KRONOS INCORPORATED
Employer identification number (EIN)
04-2640942
Plan number
001

Questions about the Kronos Incorporated 401(k)

Is the Kronos Incorporated 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2021. Its assets were transferred to the UKG RETIREMENT SAVINGS PLAN.

Does Kronos Incorporated contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $9.08 million, 27% of all contributions.

Does the Kronos Incorporated 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Kronos Incorporated 401(k) plan?

5,400 participants at the start of plan year 2021.

Who manages the Kronos Incorporated 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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