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

No recent filing

No Form 5500 has been filed for this plan since plan year 2011. 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.

Oticon, Inc. 401(k) Plan Facts (plan year 2011)

Plan name
OTICON, INC. GROUP 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
OTICON, INC.
Participants
575 (608 active employees)
Former employees with a balance
48
Plan assets
$29,409,422 at Dec 31, 2011
Average account balance
$50,187 across 586 accounts
Employer contributions
$909,394 in plan year 2011 (24% of all contributions)
Plan year
Jan 1, 2011 – Dec 31, 2011
Plan established
Jul 1, 1979
✓ 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 2011 (Jan 1, 2011 – Dec 31, 2011), filed Sep 26, 2012. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2011

  • $3.81 million went into the plan in contributions, $909,394 of it from the employer (24%).
  • $819,535 was paid out to participants.
  • Administrative expenses were $14,910, about $25 per account.

How the Oticon, Inc. 401(k) changed, 2009–2011

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009468$21.9 million$552,891$602,570
2010511$26.8 million$765,906$1.31 million
2011575$29.4 million$909,394$819,535

Oticon, Inc. 401(k) Contact Information

Phone
732-560-1220
Mailing address
580 HOWARD AVENUE PO BOX 6724, SOMERSET NJ 08875
Plan sponsor
OTICON, INC.
Employer identification number (EIN)
22-2711043
Plan number
002

Questions about the Oticon, Inc. 401(k)

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

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2011, and no later filing was found under this employer's EIN.

Does Oticon, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2011 the employer contributed $909,394, 24% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

575 participants at the start of plan year 2011, 608 of them active employees, and 48 former employees who still had money in the plan.

What is the average 401(k) balance at Oticon, Inc?

About $50,187 per account: $29.4 million in plan assets across 586 accounts with a balance at the end of plan year 2011.

Who manages the Oticon, Inc 401(k) accounts?

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

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