On Deck Capital, Inc. 401(k) Plan (terminated 2021): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2021, when $31.0 million was transferred out of the plan. Assets moved to the ENOVA INTERNATIONAL, INC. 401(K) SAVINGS PLAN (sponsored by ENOVA INTERNATIONAL, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the ENOVA INTERNATIONAL, INC. 401(K) SAVINGS PLAN →

On Deck Capital, Inc. 401(k) Plan Facts (plan year 2021)

Plan name
ONDECK 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ON DECK CAPITAL, INC.
Participants
773
Former employees with a balance
0
Plan assets
$30,973,026 at Dec 31, 2021
Employer contributions
$1,059,643 in plan year 2021 (25% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Feb 1, 2008
✓ 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 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 11, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $4.21 million went into the plan in contributions, $1.06 million of it from the employer (25%).
  • $15.9 million was paid out to participants.
  • Investment and other income added $5.53 million.

How the On Deck Capital, Inc. 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2016735$13.8 million$1.44 million$1.12 million
2017874$17.9 million$1.17 million$3.99 million
2018799$19.5 million$1.16 million$2.25 million
2019837$30.1 million$1.84 million$2.16 million
2020888$37.3 million$1.87 million$5.18 million
2021 (final)773$31.0 million$1.06 million$15.9 million

On Deck Capital, Inc. 401(k) Contact Information

Phone
646-626-8990
Mailing address
1400 BROADWAY, 25TH FLOOR, NEW YORK NY 10018
Plan sponsor
ON DECK CAPITAL, INC.
Employer identification number (EIN)
42-1709682
Plan number
001

Questions about the On Deck Capital, Inc. 401(k)

Is the On Deck Capital, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2021. Its assets were transferred to the ENOVA INTERNATIONAL, INC. 401(K) SAVINGS PLAN.

Does On Deck Capital, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $1.06 million, 25% of all contributions.

Does the On Deck Capital, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the On Deck Capital, Inc 401(k) plan?

773 participants at the start of plan year 2021.

Who manages the On Deck Capital, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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