People, Technology And Processes, Llc. 401(k) Plan (terminated 2020): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2020, when $2.49 million was transferred out of the plan. Assets moved to the PEOPLE TECHNOLOGY AND PROCESSES LLC 401K PROFIT SHARING PLAN AND TRUST (sponsored by PEOPLE TECHNOLOGY AND PROCESSES LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
People, Technology And Processes, Llc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2020 filing.
People, Technology And Processes, Llc. 401(k) Plan Facts (plan year 2020)
Source: Form 5500 for plan year 2020 (Jan 1, 2020 – Dec 31, 2020), filed Oct 14, 2021. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2020
- $385,158 went into the plan in contributions, $81,126 of it from the employer (21%).
- $107,994 was paid out to participants.
- Investment and other income added $139,788.
How the People, Technology And Processes, Llc. 401(k) changed, 2017–2020
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2017 | 0 | $1.17 million | $23,978 | — |
| 2018 | 128 | $1.30 million | $147,615 | $311,570 |
| 2019 | 140 | $2.10 million | $167,411 | $439,058 |
| 2020 (final) | 150 | $0 | $81,126 | $107,994 |
People, Technology And Processes, Llc. 401(k) Contact Information
Questions about the People, Technology And Processes, Llc. 401(k)
Is the People, Technology And Processes, Llc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2020. Its assets were transferred to the PEOPLE TECHNOLOGY AND PROCESSES LLC 401K PROFIT SHARING PLAN AND TRUST.
Does People, Technology And Processes, Llc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $81,126, 21% of all contributions.
Does the People, Technology And Processes, Llc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the People, Technology And Processes, Llc 401(k) plan?
150 participants at the start of plan year 2020.
Who manages the People, Technology And Processes, Llc 401(k) accounts?
John Hancock (listed on the filing as JOHN HANCOCK LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.