Ports America 401(k) Plan: Login, Facts & Contact Information
Ports America 401(k) Login
558 former Ports America employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2023 filing.
Ports America 401(k) Plan Facts
Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 15, 2024. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2023
- $18.4 million went into the plan in contributions, $5.32 million of it from the employer (29%).
- $13.6 million was paid out to participants.
- Investment and other income added $40.1 million.
- Administrative expenses were $218,783, about $135 per account.
How the Ports America 401(k) changed, 2018–2023
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2018 | 1,489 | $170.0 million | $4.77 million | $15.3 million |
| 2019 | 1,473 | $205.9 million | $4.55 million | $17.2 million |
| 2020 | 1,407 | $233.0 million | $4.32 million | $21.2 million |
| 2021 | 1,864 | $250.0 million | $4.10 million | $29.3 million |
| 2022 | 1,343 | $198.9 million | $4.15 million | $19.2 million |
| 2023 | 1,795 | $243.7 million | $5.32 million | $13.6 million |
Ports America 401(k) Contact Information
Questions about the Ports America 401(k)
Does Ports America contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $5.32 million, 29% of all contributions.
Does the Ports America 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Ports America 401(k) plan?
1,795 participants at the start of plan year 2023, 1,159 of them active employees, and 558 former employees who still had money in the plan.
What is the average 401(k) balance at Ports America?
About $149,866 per account: $243.7 million in plan assets across 1,626 accounts with a balance at the end of plan year 2023.
Who manages the Ports America 401(k) accounts?
Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Ports America. How do I access my 401(k)?
Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.