Milan Institute 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2014. 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.

Milan Institute 401(k) Plan Facts (plan year 2014)

Plan name
MILAN INSTITUTE PROFIT SHARING 401K PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MILAN INSTITUTE
Participants
849 (622 active employees)
Former employees with a balance
202
Plan assets
$5,488,150 at Dec 31, 2014
Average account balance
$7,118 across 771 accounts
Employer contributions
$94,228 in plan year 2014 (14% of all contributions)
Plan year
Jan 1, 2014 – Dec 31, 2014
Plan established
Nov 1, 1991
✓ 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 2014 (Jan 1, 2014 – Dec 31, 2014), filed Oct 2, 2015. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2014

  • $675,929 went into the plan in contributions, $94,228 of it from the employer (14%).
  • $701,804 was paid out to participants.
  • Investment and other income added $335,568.
  • Administrative expenses were $49,536, about $64 per account.

How the Milan Institute 401(k) changed, 2009–2014

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009494$2.44 million$297,318$187,236
2010705$3.11 million$248,264$431,144
2011877$3.66 million$229,748$270,102
20121,244$4.64 million$318,846$459,930
2013992$5.23 million$289,401$1.02 million
2014849$5.49 million$94,228$701,804

Milan Institute 401(k) Contact Information

Phone
559-735-3818
Mailing address
1720 W. WALNUT AVENUE, VISALIA CA 932776233
Plan sponsor
MILAN INSTITUTE
Employer identification number (EIN)
77-0057609
Plan number
001

Questions about the Milan Institute 401(k)

Is the Milan Institute 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2014, and no later filing was found under this employer's EIN.

Does Milan Institute contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2014 the employer contributed $94,228, 14% of all contributions.

Does the Milan Institute 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Milan Institute 401(k) plan?

849 participants at the start of plan year 2014, 622 of them active employees, and 202 former employees who still had money in the plan.

What is the average 401(k) balance at Milan Institute?

About $7,118 per account: $5.49 million in plan assets across 771 accounts with a balance at the end of plan year 2014.

Who manages the Milan Institute 401(k) accounts?

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

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