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

No recent filing

No Form 5500 has been filed for this plan since plan year 2018. 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.

Phoenix Contact Services, Inc. 401(k) Plan Facts (plan year 2018)

Plan name
PHOENIX CONTACT EMPLOYEE INVESTMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PHOENIX CONTACT SERVICES, INC.
Participants
770 (798 active employees)
Former employees with a balance
91
Plan assets
$80,384,709 at Dec 31, 2018
Average account balance
$96,154 across 836 accounts
Employer contributions
$2,802,279 in plan year 2018 (34% of all contributions)
Plan year
Jan 1, 2018 – Dec 31, 2018
Plan established
Jan 1, 1987
✓ 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 2018 (Jan 1, 2018 – Dec 31, 2018), filed Oct 8, 2019. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2018

  • $8.33 million went into the plan in contributions, $2.80 million of it from the employer (34%).
  • $3.92 million was paid out to participants.
  • Administrative expenses were $350, about $0 per account.

How the Phoenix Contact Services, Inc. 401(k) changed, 2013–2018

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2013651$45.4 million$1.80 million$2.01 million
2014712$51.5 million$1.97 million$2.49 million
2015703$55.4 million$2.23 million$1.51 million
2016744$66.3 million$2.28 million$2.63 million
2017748$81.5 million$2.48 million$2.70 million
2018770$80.4 million$2.80 million$3.92 million

Phoenix Contact Services, Inc. 401(k) Contact Information

Phone
717-944-1300
Mailing address
586 FULLING MILL ROAD, MIDDLETOWN PA 17057
Plan sponsor
PHOENIX CONTACT SERVICES, INC.
Employer identification number (EIN)
25-1389944
Plan number
001

Questions about the Phoenix Contact Services, Inc. 401(k)

Is the Phoenix Contact Services, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2018, and no later filing was found under this employer's EIN.

Does Phoenix Contact Services, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2018 the employer contributed $2.80 million, 34% of all contributions.

Does the Phoenix Contact Services, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Phoenix Contact Services, Inc 401(k) plan?

770 participants at the start of plan year 2018, 798 of them active employees, and 91 former employees who still had money in the plan.

What is the average 401(k) balance at Phoenix Contact Services, Inc?

About $96,154 per account: $80.4 million in plan assets across 836 accounts with a balance at the end of plan year 2018.

Who manages the Phoenix Contact Services, Inc 401(k) accounts?

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

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