Optek Technology, Inc. 401(k) Plan (terminated 2012): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2012, when $7.79 million was transferred out of the plan. Assets moved to the TT ELECTRONICS 401(K) RETIREMENT PLAN (sponsored by TT GROUP INDUSTRIES, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the TT ELECTRONICS 401(K) RETIREMENT PLAN →

Optek Technology, Inc. 401(k) Plan Facts (plan year 2012)

Plan name
OPTEK TECHNOLOGY 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
OPTEK TECHNOLOGY, INC
Participants
95
Former employees with a balance
0
Employer contributions
$125,867 in plan year 2012 (18% of all contributions)
Plan year
Jan 1, 2012 – Dec 28, 2012
Plan established
Nov 29, 2003
✓ 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 2012 (Jan 1, 2012 – Dec 28, 2012), filed Sep 10, 2013. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2012

  • $701,780 went into the plan in contributions, $125,867 of it from the employer (18%).
  • $1.39 million was paid out to participants.
  • Investment and other income added $743,057.

How the Optek Technology, Inc. 401(k) changed, 2009–2012

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009114$7.55 million$33,477$1.11 million
201088$7.75 million$92,464$954,531
201198$7.73 million$81,929$476,946
2012 (final)95$0$125,867$1.39 million

Optek Technology, Inc. 401(k) Contact Information

Phone
972-323-2200
Mailing address
1645 WALLACE DR, SUITE 130, CARROLLTON TX 75006
Plan sponsor
OPTEK TECHNOLOGY, INC
Employer identification number (EIN)
75-1962405
Plan number
003

Questions about the Optek Technology, Inc. 401(k)

Is the Optek Technology, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2012. Its assets were transferred to the TT ELECTRONICS 401(K) RETIREMENT PLAN.

Does Optek Technology, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2012 the employer contributed $125,867, 18% of all contributions.

Does the Optek Technology, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Optek Technology, Inc 401(k) plan?

95 participants at the start of plan year 2012.

Who manages the Optek Technology, Inc 401(k) accounts?

Fidelity NetBenefits is the plan's recordkeeper, which is where participants log in to see their balance.

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