Nichols Portland, Llc 401(k) Plan (terminated 2023): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2023, when $16.0 million was transferred out of the plan. Assets moved to the ALPHA PRECISION GROUP 401(K) PLAN (sponsored by APG ACQUISITIONS HOLDINGS, LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
Nichols Portland, Llc 401(k) Login
Retirement plan providers can change. This information is from the plan's 2023 filing.
Nichols Portland, Llc 401(k) Plan Facts (plan year 2023)
Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 22, 2024. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2023
- $2.55 million went into the plan in contributions, $755,776 of it from the employer (30%).
- $1.32 million was paid out to participants.
- Investment and other income added $2.33 million.
How the Nichols Portland, Llc 401(k) changed, 2018–2023
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2018 | 380 | $7.36 million | $663,831 | $1.44 million |
| 2019 | 407 | $10.2 million | $657,924 | $975,798 |
| 2020 | 454 | $12.4 million | $568,301 | $1.18 million |
| 2021 | 437 | $14.7 million | $638,795 | $1.33 million |
| 2022 | 503 | $12.5 million | $686,555 | $1.61 million |
| 2023 (final) | 534 | $0 | $755,776 | $1.32 million |
Nichols Portland, Llc 401(k) Contact Information
Questions about the Nichols Portland, Llc 401(k)
Is the Nichols Portland, Llc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2023. Its assets were transferred to the ALPHA PRECISION GROUP 401(K) PLAN.
Does Nichols Portland, Llc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $755,776, 30% of all contributions.
Does the Nichols Portland, Llc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Nichols Portland, Llc 401(k) plan?
534 participants at the start of plan year 2023.
Who manages the Nichols Portland, Llc 401(k) accounts?
Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.