Noorda Bec, Inc. 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2021. 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.
Noorda Bec, Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2021 filing.
Noorda Bec, Inc. 401(k) Plan Facts (plan year 2021)
Source: Form 5500 for plan year 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 17, 2022. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2021
- $660,555 went into the plan in contributions, $225,640 of it from the employer (34%).
- $39,034 was paid out to participants.
- Investment and other income added $450,822.
- Administrative expenses were $10,814, about $108 per account.
How the Noorda Bec, Inc. 401(k) changed, 2016–2021
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2016 | 98 | $413,968 | $46,890 | $0 |
| 2017 | 130 | $754,679 | $72,610 | $47,079 |
| 2018 | 147 | $930,740 | $87,200 | $6,713 |
| 2019 | 192 | $1.54 million | $125,277 | $30,705 |
| 2020 | 223 | $2.44 million | $179,831 | $13,057 |
| 2021 | 338 | $3.50 million | $225,640 | $39,034 |
Noorda Bec, Inc. 401(k) Contact Information
Questions about the Noorda Bec, Inc. 401(k)
Is the Noorda Bec, Inc 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.
Does Noorda Bec, Inc contribute to the 401(k)?
The plan does not report an employer matching arrangement on its Form 5500. It did report $225,640 in employer contributions for plan year 2021.
Does the Noorda Bec, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Noorda Bec, Inc 401(k) plan?
338 participants at the start of plan year 2021, 455 of them active employees, and 3 former employees who still had money in the plan.
What is the average 401(k) balance at Noorda Bec, Inc?
About $34,996 per account: $3.50 million in plan assets across 100 accounts with a balance at the end of plan year 2021.
Who manages the Noorda Bec, Inc 401(k) accounts?
Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.