North State Telephone Company Dba North State Communications 401(k) Plan (terminated 2020): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2020, when $44.3 million was transferred out of the plan. Assets moved to the LUMOS NETWORKS SAVINGS AND SECURITY PLAN (sponsored by LUMOS NETWORKS OPERATING COMPANY). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the LUMOS NETWORKS SAVINGS AND SECURITY PLAN →

North State Telephone Company Dba North State Communications 401(k) Plan Facts (plan year 2020)

Plan name
NORTH STATE TELEPHONE COMPANY DBA NORTH STATE COMMUNICATIONS EMPLOYEES' SAVINGS PLUS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NORTH STATE TELEPHONE COMPANY DBA NORTH STATE COMMUNICATIONS
Participants
516
Former employees with a balance
0
Plan assets
$44,322,350 at Dec 31, 2020
Employer contributions
$1,051,881 in plan year 2020 (37% of all contributions)
Recordkeeper
Branch Banking & Trust Company
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Nov 1, 1988
✓ 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 2020 (Jan 1, 2020 – Dec 31, 2020), filed Oct 7, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $2.86 million went into the plan in contributions, $1.05 million of it from the employer (37%).
  • $13.9 million was paid out to participants.
  • Investment and other income added $7.56 million.

How the North State Telephone Company Dba North State Communications 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2015468$43.1 million$1.06 million$2.46 million
2016481$43.1 million$1.16 million$5.64 million
2017620$48.3 million$1.15 million$4.69 million
2018499$43.6 million$1.26 million$6.47 million
2019506$47.9 million$1.22 million$8.35 million
2020 (final)516$44.3 million$1.05 million$13.9 million

North State Telephone Company Dba North State Communications 401(k) Contact Information

Phone
336-886-3600
Mailing address
4100 MENDENHALL OAKS PARKWAY SUITE 300, HIGH POINT NC 27265
Plan sponsor
NORTH STATE TELEPHONE COMPANY DBA NORTH STATE COMMUNICATIONS
Employer identification number (EIN)
56-0341710
Plan number
002

Questions about the North State Telephone Company Dba North State Communications 401(k)

Is the North State Telephone Company Dba North State Communications 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2020. Its assets were transferred to the LUMOS NETWORKS SAVINGS AND SECURITY PLAN.

Does North State Telephone Company Dba North State Communications contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $1.05 million, 37% of all contributions.

Does the North State Telephone Company Dba North State Communications 401(k) have automatic enrollment?

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

How many people are in the North State Telephone Company Dba North State Communications 401(k) plan?

516 participants at the start of plan year 2020.

Who manages the North State Telephone Company Dba North State Communications 401(k) accounts?

Voya Financial (listed on the filing as BRANCH BANKING & TRUST COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

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