Nec Corporation Of America 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2009. 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.

Nec Corporation Of America 401(k) Plan Facts (plan year 2009)

Plan name
NEC CORPORATION OF AMERICA RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NEC CORPORATION OF AMERICA
Participants
4,103 (2,311 active employees)
Former employees with a balance
1,754
Plan assets
$304,997,440 at Dec 31, 2009
Average account balance
$75,832 across 4,022 accounts
Employer contributions
$2,152,765 in plan year 2009 (15% of all contributions)
Plan year
Jan 1, 2009 – Dec 31, 2009
Plan established
Oct 1, 1988
✓ 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 2009 (Jan 1, 2009 – Dec 31, 2009), filed Oct 8, 2010. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2009

  • $14.6 million went into the plan in contributions, $2.15 million of it from the employer (15%).
  • $23.9 million was paid out to participants.
  • Investment and other income added $49.5 million.
  • Administrative expenses were $17,112, about $4 per account.

Nec Corporation Of America 401(k) Contact Information

Phone
214-262-2238
Mailing address
6555 NORTH STATE HIGHWAY 161, IRVING TX 75039
Plan sponsor
NEC CORPORATION OF AMERICA
Plan administrator
RETIREMENT COMMITTEE, C/O NEC CORPORATION OF AMERICA
Employer identification number (EIN)
36-3112037
Plan number
002

Questions about the Nec Corporation Of America 401(k)

Is the Nec Corporation Of America 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2009, and no later filing was found under this employer's EIN.

Does Nec Corporation Of America contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2009 the employer contributed $2.15 million, 15% of all contributions.

Does the Nec Corporation Of America 401(k) have automatic enrollment?

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

How many people are in the Nec Corporation Of America 401(k) plan?

4,103 participants at the start of plan year 2009, 2,311 of them active employees, and 1,754 former employees who still had money in the plan.

What is the average 401(k) balance at Nec Corporation Of America?

About $75,832 per account: $305.0 million in plan assets across 4,022 accounts with a balance at the end of plan year 2009.

Who manages the Nec Corporation Of America 401(k) accounts?

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

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