Netspend Corporation 401(k) Plan (terminated 2013): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2013, when $17.2 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.

Netspend Corporation 401(k) Plan Facts (plan year 2013)

Plan name
NETSPEND CORPORATION 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NETSPEND CORPORATION
Participants
602
Former employees with a balance
0
Employer contributions
$1,013,975 in plan year 2013 (32% of all contributions)
Plan year
Jan 1, 2013 – Dec 31, 2013
Plan established
Jan 1, 2002
✓ 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 2013 (Jan 1, 2013 – Dec 31, 2013), filed Oct 14, 2014. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2013

  • $3.17 million went into the plan in contributions, $1.01 million of it from the employer (32%).
  • $865,071 was paid out to participants.
  • Investment and other income added $2.38 million.

How the Netspend Corporation 401(k) changed, 2009–2013

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009352$5.36 million$563,241$443,884
2010458$9.16 million$828,622$1.18 million
2011572$10.1 million$888,546$1.13 million
2012627$12.6 million$940,545$1.09 million
2013 (final)602$0$1.01 million$865,071

Netspend Corporation 401(k) Contact Information

Phone
706-644-4930
Mailing address
P.O. BOX 2567 RETIREMENT BENEFITS, COLUMBUS GA 319022567
Plan sponsor
NETSPEND CORPORATION
Employer identification number (EIN)
74-2907514
Plan number
001

Questions about the Netspend Corporation 401(k)

Is the Netspend Corporation 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2013.

Does Netspend Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2013 the employer contributed $1.01 million, 32% of all contributions.

Does the Netspend Corporation 401(k) have automatic enrollment?

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

How many people are in the Netspend Corporation 401(k) plan?

602 participants at the start of plan year 2013.

Who manages the Netspend Corporation 401(k) accounts?

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

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