Martek Power Incorporated 401(k) Plan (terminated 2011): Login, Facts & Contact Information

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Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2011, when $14.4 million was transferred out of the plan. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Martek Power Incorporated 401(k) Plan Facts (plan year 2011)

Plan name
THE MARTEK POWER RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MARTEK POWER INCORPORATED
Participants
313
Former employees with a balance
0
Employer contributions
$307,462 in plan year 2011 (23% of all contributions)
Plan year
Jan 1, 2011 – Dec 31, 2011
Plan established
Jan 1, 1987
✓ 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 2011 (Jan 1, 2011 – Dec 31, 2011), filed Nov 13, 2012. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2011

  • $1.34 million went into the plan in contributions, $307,462 of it from the employer (23%).
  • $3.20 million was paid out to participants.

How the Martek Power Incorporated 401(k) changed, 2009–2011

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009326$14.2 million$311,677$459,969
2010265$16.6 million$285,086$739,404
2011 (final)313$0$307,462$3.20 million

Martek Power Incorporated 401(k) Contact Information

Phone
310-542-8561
Mailing address
1111 KNOX STREET, TORRANCE CA 90502
Plan sponsor
MARTEK POWER INCORPORATED
Employer identification number (EIN)
76-0583411
Plan number
001

Questions about the Martek Power Incorporated 401(k)

Is the Martek Power Incorporated 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2011.

Does Martek Power Incorporated contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2011 the employer contributed $307,462, 23% of all contributions.

Does the Martek Power Incorporated 401(k) have automatic enrollment?

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

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

313 participants at the start of plan year 2011.

Who manages the Martek Power Incorporated 401(k) accounts?

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

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