Metro Motor Group 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2020. 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.
Metro Motor Group 401(k) Login
Retirement plan providers can change. This information is from the plan's 2020 filing.
Metro Motor Group 401(k) Plan Facts (plan year 2020)
Source: Form 5500-SF for plan year 2020 (Jan 1, 2020 – Dec 31, 2020), filed Sep 17, 2021. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2020
- $334,861 went into the plan in contributions, $99,258 of it from the employer (30%).
- $282,923 was paid out to participants.
- Investment and other income added $673,703.
How the Metro Motor Group 401(k) changed, 2015–2020
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2015 | 43 | $2.26 million | $116,498 | $403,988 |
| 2016 | 63 | $1.90 million | $78,479 | $218,286 |
| 2017 | 46 | $2.46 million | $74,441 | $16,800 |
| 2018 | 44 | $2.64 million | $104,249 | $126,935 |
| 2019 | 65 | $3.93 million | $83,859 | $145,598 |
| 2020 | 52 | $4.62 million | $99,258 | $282,923 |
Metro Motor Group 401(k) Contact Information
Questions about the Metro Motor Group 401(k)
Is the Metro Motor Group 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2020, and no later filing was found under this employer's EIN.
Does Metro Motor Group contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $99,258, 30% of all contributions.
Does the Metro Motor Group 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Metro Motor Group 401(k) plan?
52 participants at the start of plan year 2020, 40 of them active employees.
What is the average 401(k) balance at Metro Motor Group?
About $144,503 per account: $4.62 million in plan assets across 32 accounts with a balance at the end of plan year 2020.
Who manages the Metro Motor Group 401(k) accounts?
Principal is the plan's recordkeeper, which is where participants log in to see their balance.