Laurus Healthcare Management Co. 401(k) Plan (terminated 2020): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2020, when $24.9 million was transferred out of the plan. Assets moved to the FRESENIUS MEDICAL CARE NORTH AMERICA 401(K) SAVINGS PLAN (sponsored by NATIONAL MEDICAL CARE, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
See the FRESENIUS MEDICAL CARE NORTH AMERICA 401(K) SAVINGS PLAN →Laurus Healthcare Management Co. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2020 filing.
Laurus Healthcare Management Co. 401(k) Plan Facts (plan year 2020)
Source: Form 5500 for plan year 2020 (Jan 1, 2020 – Dec 31, 2020), filed Oct 14, 2021. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2020
- $3.96 million went into the plan in contributions, $1.20 million of it from the employer (30%).
- $3.79 million was paid out to participants.
- Investment and other income added $3.57 million.
How the Laurus Healthcare Management Co. 401(k) changed, 2015–2020
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2015 | 349 | $9.23 million | $698,821 | $1.12 million |
| 2016 | 389 | $12.0 million | $912,426 | $1.11 million |
| 2017 | 543 | $15.2 million | $1.10 million | $2.25 million |
| 2018 | 512 | $16.1 million | $1.13 million | $1.55 million |
| 2019 | 608 | $21.3 million | $1.10 million | $2.95 million |
| 2020 (final) | 695 | $0 | $1.20 million | $3.79 million |
Laurus Healthcare Management Co. 401(k) Contact Information
Questions about the Laurus Healthcare Management Co. 401(k)
Is the Laurus Healthcare Management Co 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2020. Its assets were transferred to the FRESENIUS MEDICAL CARE NORTH AMERICA 401(K) SAVINGS PLAN.
Does Laurus Healthcare Management Co contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $1.20 million, 30% of all contributions.
Does the Laurus Healthcare Management Co 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Laurus Healthcare Management Co 401(k) plan?
695 participants at the start of plan year 2020.
Who manages the Laurus Healthcare Management Co 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.