Nidec Minster Corporation 401(k) Plan (terminated 2018): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2018, when $47.5 million was transferred out of the plan. Assets moved to the NIDEC MOTOR CORPORATION EMPLOYEE SAVINGS INVESTMENT PLAN (sponsored by NIDEC MOTOR CORPORATION). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
See the NIDEC MOTOR CORPORATION EMPLOYEE SAVINGS INVESTMENT PLAN →Nidec Minster Corporation 401(k) Login
Retirement plan providers can change. This information is from the plan's 2018 filing.
Nidec Minster Corporation 401(k) Plan Facts (plan year 2018)
Source: Form 5500 for plan year 2018 (Jan 1, 2018 – Dec 31, 2018), filed Oct 15, 2019. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2018
- $4.40 million went into the plan in contributions, $1.49 million of it from the employer (34%).
- $5.78 million was paid out to participants.
How the Nidec Minster Corporation 401(k) changed, 2013–2018
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2013 | 619 | $37.5 million | $960,652 | $2.94 million |
| 2014 | 628 | $40.0 million | $994,835 | $2.58 million |
| 2015 | 606 | $41.0 million | $1.11 million | $3.23 million |
| 2016 | 608 | $44.2 million | $1.14 million | $2.91 million |
| 2017 | 596 | $50.5 million | $1.23 million | $4.71 million |
| 2018 (final) | 676 | $0 | $1.49 million | $5.78 million |
Nidec Minster Corporation 401(k) Contact Information
Questions about the Nidec Minster Corporation 401(k)
Is the Nidec Minster Corporation 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2018. Its assets were transferred to the NIDEC MOTOR CORPORATION EMPLOYEE SAVINGS INVESTMENT PLAN.
Does Nidec Minster Corporation contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2018 the employer contributed $1.49 million, 34% of all contributions.
Does the Nidec Minster Corporation 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Nidec Minster Corporation 401(k) plan?
676 participants at the start of plan year 2018.
Who manages the Nidec Minster Corporation 401(k) accounts?
T. Rowe Price is the plan's recordkeeper, which is where participants log in to see their balance.