Orbis Holdings Group, Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2019. 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.

Orbis Holdings Group, Llc 401(k) Plan Facts (plan year 2019)

Plan name
ORBIS HOLDINGS GROUP, LLC 401(K) SAVINGS & INVESTMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ORBIS HOLDINGS GROUP, LLC
Participants
1,171 (1,113 active employees)
Former employees with a balance
109
Plan assets
$10,605,463 at Dec 31, 2019
Average account balance
$37,742 across 281 accounts
Employer contributions
$272,080 in plan year 2019 (26% of all contributions)
Recordkeeper
Transamerica Life Insurance Company
Plan year
Jan 1, 2019 – Dec 31, 2019
Plan established
Jan 1, 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 2019 (Jan 1, 2019 – Dec 31, 2019), filed Oct 9, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $1.03 million went into the plan in contributions, $272,080 of it from the employer (26%).
  • $975,097 was paid out to participants.
  • Investment and other income added $1.82 million.
  • Administrative expenses were $84,752, about $302 per account.

How the Orbis Holdings Group, Llc 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20141,156$7.22 million$124,167$651,934
20151,141$6.92 million$180,056$1.10 million
2016930$7.70 million$203,819$309,730
20171,657$8.92 million$241,722$627,682
20181,637$8.47 million$222,229$693,331
20191,171$10.6 million$272,080$975,097

Orbis Holdings Group, Llc 401(k) Contact Information

Phone
586-738-9999
Mailing address
201 N. RIVERSIDE AVE., ST. CLAIR MI 48079
Plan sponsor
ORBIS HOLDINGS GROUP, LLC
Employer identification number (EIN)
38-3279069
Plan number
001

Questions about the Orbis Holdings Group, Llc 401(k)

Is the Orbis Holdings Group, Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2019, and no later filing was found under this employer's EIN.

Does Orbis Holdings Group, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $272,080, 26% of all contributions.

Does the Orbis Holdings Group, Llc 401(k) have automatic enrollment?

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

How many people are in the Orbis Holdings Group, Llc 401(k) plan?

1,171 participants at the start of plan year 2019, 1,113 of them active employees, and 109 former employees who still had money in the plan.

What is the average 401(k) balance at Orbis Holdings Group, Llc?

About $37,742 per account: $10.6 million in plan assets across 281 accounts with a balance at the end of plan year 2019.

Who manages the Orbis Holdings Group, Llc 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

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