Mach 7.4 Inc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2021. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Mach 7.4 Inc 401(k) Plan Facts (plan year 2021)

Plan name
SHIPS-A-LOT 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MACH 7.4 INC
Participants
19 (13 active employees)
Plan assets
$127,306 at Dec 31, 2021
Average account balance
$5,092 across 25 accounts
Employer contributions
$12,230 in plan year 2021 (24% of all contributions)
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Sep 7, 2017
✓ 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-SF for plan year 2021 (Jan 1, 2021 – Dec 31, 2021), filed May 10, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $50,429 went into the plan in contributions, $12,230 of it from the employer (24%).
  • $11,693 was paid out to participants.
  • Investment and other income added $16,294.

How the Mach 7.4 Inc 401(k) changed, 2017–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20173$2,080$505$0
20183$14,140$3,499$0
20196$40,898$6,688$0
202010$72,828$10,628$8,829
202119$127,306$12,230$11,693

Mach 7.4 Inc 401(k) Contact Information

Phone
440-567-4713
Mailing address
4477 GETWELL RD, MEMPHIS TN 38118
Plan sponsor
MACH 7.4 INC
Plan administrator
GUIDELINE, INC.
Employer identification number (EIN)
47-3946779
Plan number
001

Questions about the Mach 7.4 Inc 401(k)

Is the Mach 7.4 Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.

Does Mach 7.4 Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $12,230, 24% of all contributions.

Does the Mach 7.4 Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Mach 7.4 Inc 401(k) plan?

19 participants at the start of plan year 2021, 13 of them active employees.

What is the average 401(k) balance at Mach 7.4 Inc?

About $5,092 per account: $127,306 in plan assets across 25 accounts with a balance at the end of plan year 2021.

Who manages the Mach 7.4 Inc 401(k) accounts?

Guideline is the plan's recordkeeper, which is where participants log in to see their balance.

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