Nexans Usa Inc. 401(k) Plan (terminated 2019): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2019, when $61.5 million was transferred out of the plan. Assets moved to the NEXANS USA INC. 401K RETIREMENT SAVINGS PLAN (sponsored by NEXANS USA INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
Nexans Usa Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2019 filing.
Nexans Usa Inc. 401(k) Plan Facts (plan year 2019)
Source: Form 5500 for plan year 2019 (Jan 1, 2019 – Dec 31, 2019), filed Feb 11, 2022. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2019
- $5.67 million went into the plan in contributions, $2.22 million of it from the employer (39%).
- $8.71 million was paid out to participants.
- Investment and other income added $10.9 million.
How the Nexans Usa Inc. 401(k) changed, 2014–2019
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2014 | 330 | $40.8 million | $1.78 million | $2.82 million |
| 2015 | 320 | $41.4 million | $1.80 million | $2.69 million |
| 2016 | 308 | $45.2 million | $1.28 million | $2.69 million |
| 2017 | 303 | $55.6 million | $1.80 million | $2.47 million |
| 2018 | 307 | $53.4 million | $2.20 million | $3.55 million |
| 2019 (final) | 298 | $0 | $2.22 million | $8.71 million |
Nexans Usa Inc. 401(k) Contact Information
Questions about the Nexans Usa Inc. 401(k)
Is the Nexans Usa Inc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2019. Its assets were transferred to the NEXANS USA INC. 401K RETIREMENT SAVINGS PLAN.
Does Nexans Usa Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $2.22 million, 39% of all contributions.
Does the Nexans Usa Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Nexans Usa Inc 401(k) plan?
298 participants at the start of plan year 2019.
Who manages the Nexans Usa Inc 401(k) accounts?
Schwab Retirement Plan Services (listed on the filing as SCHWAB RETIREMENT PLAN SERVICES,INC) is the plan's recordkeeper, which is where participants log in to see their balance.