Nanometrics Incorporated 401(k) Plan (terminated 2020): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2020, when $58.0 million was transferred out of the plan. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Nanometrics Incorporated 401(k) Plan Facts (plan year 2020)

Plan name
ONTO INNOVATION 401K PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ONTO INNOVATION · formerly Nanometrics Incorporated
Participants
584
Former employees with a balance
0
Employer contributions
$367,553 in plan year 2020 (15% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2020 – Apr 1, 2020
Plan established
Jan 1, 1978
✓ 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 2020 (Jan 1, 2020 – Apr 1, 2020), filed Feb 12, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $2.47 million went into the plan in contributions, $367,553 of it from the employer (15%).
  • $614,542 was paid out to participants.

How the Nanometrics Incorporated 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2015361$31.6 million$657,872$3.23 million
2016391$36.8 million$737,789$2.63 million
2017396$48.2 million$814,159$2.47 million
2018459$49.1 million$989,076$3.54 million
2019505$69.3 million$1.22 million$3.77 million
2020 (final)584$0$367,553$614,542

Nanometrics Incorporated 401(k) Contact Information

Phone
408-545-6207
Mailing address
1550 BUCKEYE DRIVE, MILPITAS CA 95035
Plan sponsor
ONTO INNOVATION
Employer identification number (EIN)
94-2276314
Plan number
001

Questions about the Nanometrics Incorporated 401(k)

Is the Nanometrics Incorporated 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2020.

Does Nanometrics Incorporated contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $367,553, 15% of all contributions.

Does the Nanometrics Incorporated 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Nanometrics Incorporated 401(k) plan?

584 participants at the start of plan year 2020.

Who manages the Nanometrics Incorporated 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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