Meltwater News Us1, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2019. 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.

Meltwater News Us1, Inc. 401(k) Plan Facts (plan year 2019)

Plan name
MELTWATER NEWS US1, INC. 401(K) PLAN
Plan type
401(k)
Plan sponsor
MELTWATER NEWS US1, INC.
Participants
720 (798 active employees)
Former employees with a balance
151
Plan assets
$24,742,881 at Dec 31, 2019
Average account balance
$33,167 across 746 accounts
Employer contributions
$840,682 in plan year 2019 (15% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2019 – Dec 31, 2019
Plan established
Apr 1, 2011
— 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 2019 (Jan 1, 2019 – Dec 31, 2019), filed Oct 15, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $5.76 million went into the plan in contributions, $840,682 of it from the employer (15%).
  • $2.13 million was paid out to participants.
  • Investment and other income added $4.34 million.
  • Administrative expenses were $6,193, about $8 per account.

How the Meltwater News Us1, Inc. 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2014334$3.88 million$569$494,075
2015391$5.45 million$369,227$593,883
2016479$8.73 million$464,118$431,194
2017560$13.7 million$677,642$1.34 million
2018660$15.3 million$746,960$1.57 million
2019720$24.7 million$840,682$2.13 million

Meltwater News Us1, Inc. 401(k) Contact Information

Phone
415-848-9186
Mailing address
225 BUSH STREET SUITE 1000, SAN FRANCISCO CA 94104
Plan sponsor
MELTWATER NEWS US1, INC.
Employer identification number (EIN)
32-0164175
Plan number
001

Questions about the Meltwater News Us1, Inc. 401(k)

Is the Meltwater News Us1, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2019, and no later filing was found under this employer's EIN.

Does Meltwater News Us1, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $840,682 in employer contributions for plan year 2019.

Does the Meltwater News Us1, Inc 401(k) have automatic enrollment?

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

How many people are in the Meltwater News Us1, Inc 401(k) plan?

720 participants at the start of plan year 2019, 798 of them active employees, and 151 former employees who still had money in the plan.

What is the average 401(k) balance at Meltwater News Us1, Inc?

About $33,167 per account: $24.7 million in plan assets across 746 accounts with a balance at the end of plan year 2019.

Who manages the Meltwater News Us1, Inc 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.

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