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

No recent filing

No Form 5500 has been filed for this plan since plan year 2009. 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.

Pike Electric, Inc. 401(k) Plan Facts (plan year 2009)

Plan name
PIKE ELECTRIC, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PIKE ELECTRIC, INC.
Participants
5,848 (3,827 active employees)
Former employees with a balance
449
Plan assets
$81,269,684 at Dec 31, 2009
Average account balance
$33,947 across 2,394 accounts
Employer contributions
$1,957,859 in plan year 2009 (24% of all contributions)
Plan year
Jan 1, 2009 – Dec 31, 2009
Plan established
Jan 1, 1976
✓ 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 2009 (Jan 1, 2009 – Dec 31, 2009), filed Sep 22, 2010. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2009

  • $8.18 million went into the plan in contributions, $1.96 million of it from the employer (24%).
  • $8.90 million was paid out to participants.
  • Investment and other income added $9.46 million.
  • Administrative expenses were $36,725, about $15 per account.

Pike Electric, Inc. 401(k) Contact Information

Phone
336-789-2171
Mailing address
PO BOX 868 100 PIKE WAY, MOUNT AIRY NC 270300868
Plan sponsor
PIKE ELECTRIC, INC.
Plan administrator
PIKE ELECTRIC, INC. EMPLOYEE BENEFIT PLANS COMMITTEE
Employer identification number (EIN)
56-0587238
Plan number
001

Questions about the Pike Electric, Inc. 401(k)

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

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2009, and no later filing was found under this employer's EIN.

Does Pike Electric, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2009 the employer contributed $1.96 million, 24% of all contributions.

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

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

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

5,848 participants at the start of plan year 2009, 3,827 of them active employees, and 449 former employees who still had money in the plan.

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

About $33,947 per account: $81.3 million in plan assets across 2,394 accounts with a balance at the end of plan year 2009.

Who manages the Pike Electric, Inc 401(k) accounts?

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

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