Phonak Llc 401(k) Plan (terminated 2015): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2015, when $36.5 million was transferred out of the plan. Assets moved to the SONOVA PREMIER 401(K) RETIREMENT SAVINGS PLAN (sponsored by SONOVA U.S. CORPORATE SERVICES, LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Phonak Llc 401(k) Plan Facts (plan year 2015)

Plan name
PHONAK 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PHONAK LLC
Participants
939
Former employees with a balance
0
Employer contributions
$1,828,793 in plan year 2015 (30% of all contributions)
Plan year
Apr 1, 2015 – Mar 31, 2016
Plan established
Apr 1, 1989
✓ 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 2015 (Apr 1, 2015 – Mar 31, 2016), filed Jan 17, 2017. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2015

  • $6.10 million went into the plan in contributions, $1.83 million of it from the employer (30%).
  • $2.42 million was paid out to participants.
  • Investment and other income added $66,839.

How the Phonak Llc 401(k) changed, 2010–2015

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2010594$16.4 million$1.09 million$862,306
2011687$18.8 million$945,799$467,985
2012843$21.4 million$1.00 million$1.99 million
2013807$25.7 million$1.09 million$1.58 million
2014878$32.6 million$1.27 million$3.11 million
2015 (final)939$0$1.83 million$2.42 million

Phonak Llc 401(k) Contact Information

Phone
630-821-5200
Mailing address
4520 WEAVER PARKWAY, WARRENVILLE IL 60555
Plan sponsor
PHONAK LLC
Employer identification number (EIN)
06-1701254
Plan number
001

Questions about the Phonak Llc 401(k)

Is the Phonak Llc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2015. Its assets were transferred to the SONOVA PREMIER 401(K) RETIREMENT SAVINGS PLAN.

Does Phonak Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2015 the employer contributed $1.83 million, 30% of all contributions.

Does the Phonak Llc 401(k) have automatic enrollment?

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

How many people are in the Phonak Llc 401(k) plan?

939 participants at the start of plan year 2015.

Who manages the Phonak Llc 401(k) accounts?

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

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