Nyc & Company, Inc. 401(k) Plan: Login, Facts & Contact Information

Nyc & Company, Inc. 401(k) Plan Facts

Plan name
NYC & COMPANY, INC. 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NYC & COMPANY, INC.
Participants
187 (108 active employees)
Former employees with a balance
75
Plan assets
$24,490,162 at Dec 31, 2023
Average account balance
$133,826 across 183 accounts
Employer contributions
$812,976 in plan year 2023 (37% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Aug 1, 1997
✓ 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 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 15, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $2.20 million went into the plan in contributions, $812,976 of it from the employer (37%).
  • $844,974 was paid out to participants.
  • Investment and other income added $3.70 million.
  • Administrative expenses were $108,992, about $596 per account.

How the Nyc & Company, Inc. 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2018181$15.4 million$681,115$1.29 million
2019191$20.3 million$745,145$887,752
2020214$21.7 million$138,570$2.82 million
2021178$23.5 million$100,659$2.20 million
2022195$19.5 million$287,454$1.34 million
2023187$24.5 million$812,976$844,974

Nyc & Company, Inc. 401(k) Contact Information

Phone
212-484-1211
Mailing address
810 7TH AVENUE 3RD FLOOR, NEW YORK NY 10019
Plan sponsor
NYC & COMPANY, INC.
Employer identification number (EIN)
13-5531178
Plan number
002

Questions about the Nyc & Company, Inc. 401(k)

Does Nyc & Company, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $812,976, 37% of all contributions.

Does the Nyc & Company, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Nyc & Company, Inc 401(k) plan?

187 participants at the start of plan year 2023, 108 of them active employees, and 75 former employees who still had money in the plan.

What is the average 401(k) balance at Nyc & Company, Inc?

About $133,826 per account: $24.5 million in plan assets across 183 accounts with a balance at the end of plan year 2023.

Who manages the Nyc & Company, 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.

I no longer work at Nyc & Company, Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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