Micross Components, Inc. 401(k) Plan (terminated 2020): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2020, when $18.7 million was transferred out of the plan. Assets moved to the CORFIN HOLDINGS, INC. 401(K) PLAN (sponsored by CORFIN HOLDINGS, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
Micross Components, Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2020 filing.
Micross Components, Inc. 401(k) Plan Facts (plan year 2020)
Source: Form 5500 for plan year 2020 (Jan 1, 2020 – Dec 31, 2020), filed May 26, 2022. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2020
- $2.44 million went into the plan in contributions, $552,073 of it from the employer (23%).
- $1.52 million was paid out to participants.
- Investment and other income added $2.22 million.
How the Micross Components, Inc. 401(k) changed, 2015–2020
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2015 | 407 | $12.1 million | $179,324 | $1.38 million |
| 2016 | 543 | $11.8 million | $237,411 | $2.02 million |
| 2017 | 566 | $13.0 million | $346,566 | $1.60 million |
| 2018 | 505 | $12.2 million | $416,993 | $2.13 million |
| 2019 | 496 | $15.7 million | $482,004 | $1.18 million |
| 2020 (final) | 542 | $0 | $552,073 | $1.52 million |
Micross Components, Inc. 401(k) Contact Information
Questions about the Micross Components, Inc. 401(k)
Is the Micross Components, Inc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2020. Its assets were transferred to the CORFIN HOLDINGS, INC. 401(K) PLAN.
Does Micross Components, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $552,073, 23% of all contributions.
Does the Micross Components, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Micross Components, Inc 401(k) plan?
542 participants at the start of plan year 2020.
Who manages the Micross Components, Inc 401(k) accounts?
Principal (listed on the filing as WELLS FARGO BANK, N.A.) is the plan's recordkeeper, which is where participants log in to see their balance.