Medico Industries, Inc. 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2018. 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.
Medico Industries, Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2018 filing.
Medico Industries, Inc. 401(k) Plan Facts (plan year 2018)
Source: Form 5500 for plan year 2018 (Nov 1, 2018 – Oct 31, 2019), filed Aug 14, 2020. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2018
- $1.82 million went into the plan in contributions, $580,117 of it from the employer (32%).
- $773,465 was paid out to participants.
- Investment and other income added $1.51 million.
- Administrative expenses were $11,715, about $33 per account.
How the Medico Industries, Inc. 401(k) changed, 2013–2018
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2013 | 200 | $9.56 million | $331,183 | $1.07 million |
| 2014 | 267 | $10.4 million | $396,280 | $402,136 |
| 2015 | 416 | $11.7 million | $441,153 | $215,854 |
| 2016 | 346 | $13.9 million | $478,519 | $763,166 |
| 2017 | 353 | $15.2 million | $541,801 | $516,761 |
| 2018 | 364 | $17.7 million | $580,117 | $773,465 |
Medico Industries, Inc. 401(k) Contact Information
Questions about the Medico Industries, Inc. 401(k)
Is the Medico Industries, Inc 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2018, and no later filing was found under this employer's EIN.
Does Medico Industries, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2018 the employer contributed $580,117, 32% of all contributions.
Does the Medico Industries, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Medico Industries, Inc 401(k) plan?
364 participants at the start of plan year 2018, 337 of them active employees, and 20 former employees who still had money in the plan.
What is the average 401(k) balance at Medico Industries, Inc?
About $50,163 per account: $17.7 million in plan assets across 353 accounts with a balance at the end of plan year 2018.
Who manages the Medico Industries, Inc 401(k) accounts?
Empower is the plan's recordkeeper, which is where participants log in to see their balance.