Lee Electrical Construction, Inc. 401(k) Plan (terminated 2020): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2020. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Lee Electrical Construction, Inc. 401(k) Plan Facts (plan year 2020)

Plan name
LEE ELECTRICAL CONSTRUCTION, INC. PROFIT SHARING P TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
LEE ELECTRICAL CONSTRUCTION, INC.
Participants
1,020
Employer contributions
$427,043 in plan year 2020 (37% of all contributions)
Recordkeeper
Bb&t
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Jan 1, 1997
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 – Dec 31, 2020), filed Sep 28, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $1.15 million went into the plan in contributions, $427,043 of it from the employer (37%).
  • $14.8 million was paid out to participants.
  • Investment and other income added $1.11 million.

How the Lee Electrical Construction, Inc. 401(k) changed, 20152020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2015524$6.89 million$308,488$987,720
2016509$7.43 million$307,304$755,564
2017542$9.10 million$404,324$517,008
2018799$9.76 million$501,881$220,119
20191,015$12.6 million$561,510$788,102
2020 (final)1,020$0$427,043$14.8 million

Lee Electrical Construction, Inc. 401(k) Contact Information

Phone
800-762-5168
Mailing address
12828 HIGHWAY 15-501 SOUTH, ABERDEEN NC 28315
Plan sponsor
LEE ELECTRICAL CONSTRUCTION, INC.
Employer identification number (EIN)
56-1494779
Plan number
001

Questions about the Lee Electrical Construction, Inc. 401(k)

Is the Lee Electrical Construction, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2020.

Does Lee Electrical Construction, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $427,043, 37% of all contributions.

Does the Lee Electrical Construction, Inc 401(k) have automatic enrollment?

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

How many people are in the Lee Electrical Construction, Inc 401(k) plan?

1,020 participants at the start of plan year 2020.

Who manages the Lee Electrical Construction, Inc 401(k) accounts?

Truist Retirement (listed on the filing as BB&T) is the plan's recordkeeper, which is where participants log in to see their balance.

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