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

No recent filing

No Form 5500 has been filed for this plan since plan year 2016. 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.

Permatech, Inc. 401(k) Plan Facts (plan year 2016)

Plan name
PERMATECH 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PERMATECH, INC.
Participants
81 (50 active employees)
Plan assets
$1,342,237 at Dec 31, 2016
Average account balance
$38,350 across 35 accounts
Employer contributions
$49,467 in plan year 2016 (29% of all contributions)
Plan year
Jan 1, 2016 – Dec 31, 2016
Plan established
Jan 1, 2004
✓ 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-SF for plan year 2016 (Jan 1, 2016 – Dec 31, 2016), filed May 26, 2017. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2016

  • $169,987 went into the plan in contributions, $49,467 of it from the employer (29%).
  • $84,166 was paid out to participants.
  • Investment and other income added $77,713.

How the Permatech, Inc. 401(k) changed, 2011–2016

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201181$824,637$25,357$97,225
201268$873,277$35,140$129,957
201378$1.07 million$25,017$44,163
201480$1.15 million$12,208$21,674
201582$1.19 million$43,150$77,847
201681$1.34 million$49,467$84,166

Permatech, Inc. 401(k) Contact Information

Phone
336-578-7704
Mailing address
911 E. ELM STREET, GRAHAM NC 27253
Plan sponsor
PERMATECH, INC.
Employer identification number (EIN)
80-0082250
Plan number
001

Questions about the Permatech, Inc. 401(k)

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

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2016, and no later filing was found under this employer's EIN.

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

Yes. The plan reports an employer contribution arrangement. In plan year 2016 the employer contributed $49,467, 29% of all contributions.

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

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

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

81 participants at the start of plan year 2016, 50 of them active employees.

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

About $38,350 per account: $1.34 million in plan assets across 35 accounts with a balance at the end of plan year 2016.

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

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

Related Companies
Headquarter: 1179 CENTRE POINTE DR, MENDOTA HEIGHTS, MN, 551201268
Headquarter: 2701 W. INTERSTATE 20, ODESSA, TX, 79766
Headquarter: 745 SEVENTH AVE. 18TH FLOOR, NEW YORK, NY, 10019
Headquarter: P.O. BOX 431, KINGSPORT, TN, 376621975
Headquarter: 6700 LAS COLINAS BOULEVARD, IRVING, TX, 75039