Midas, Inc. Dba Midas International 401(k) Plan (terminated 2012): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2012, when $35.4 million was transferred out of the plan. Assets moved to the TBC CORPORATION SAFE HARBOR 401(K) PLAN (sponsored by TBC CORPORATION). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the TBC CORPORATION SAFE HARBOR 401(K) PLAN →

Midas, Inc. Dba Midas International 401(k) Plan Facts (plan year 2012)

Plan name
MIDAS SAVINGS PLAN FOR SALARIED EMPLOYEES
Plan type
401(k) with employer contributions
Plan sponsor
MIDAS, INC. DBA MIDAS INTERNATIONAL
Participants
439
Former employees with a balance
0
Employer contributions
$366,931 in plan year 2012 (25% of all contributions)
Plan year
Jan 1, 2012 – Dec 31, 2012
Plan established
Jan 1, 1998
✓ 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 2012 (Jan 1, 2012 – Dec 31, 2012), filed Oct 11, 2013. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2012

  • $1.48 million went into the plan in contributions, $366,931 of it from the employer (25%).
  • $10.0 million was paid out to participants.
  • Investment and other income added $4.96 million.

How the Midas, Inc. Dba Midas International 401(k) changed, 2009–2012

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009443$38.2 million$483,909$2.31 million
2010439$41.6 million$365,723$2.81 million
2011430$39.1 million$369,279$3.13 million
2012 (final)439$0$366,931$10.0 million

Midas, Inc. Dba Midas International 401(k) Contact Information

Phone
561-383-3000
Mailing address
4300 TBC WAY, PALM BEACH GARDENS FL 33410
Plan sponsor
MIDAS, INC. DBA MIDAS INTERNATIONAL
Employer identification number (EIN)
36-4180556
Plan number
004

Questions about the Midas, Inc. Dba Midas International 401(k)

Is the Midas, Inc. Dba Midas International 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2012. Its assets were transferred to the TBC CORPORATION SAFE HARBOR 401(K) PLAN.

Does Midas, Inc. Dba Midas International contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2012 the employer contributed $366,931, 25% of all contributions.

Does the Midas, Inc. Dba Midas International 401(k) have automatic enrollment?

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

How many people are in the Midas, Inc. Dba Midas International 401(k) plan?

439 participants at the start of plan year 2012.

Who manages the Midas, Inc. Dba Midas International 401(k) accounts?

DIVERSIFIED RETIREMENT CORPORATION is the plan's recordkeeper, which is where participants log in to see their balance.

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