Precheck, Inc. 401(k) Plan (terminated 2019): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2019, when $5.93 million was transferred out of the plan. Assets moved to the CARCO GROUP, INC. PROFIT SHARING AND 401(K) PLAN (sponsored by CARCO GROUP, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the CARCO GROUP, INC. PROFIT SHARING AND 401(K) PLAN →

Precheck, Inc. 401(k) Plan Facts (plan year 2019)

Plan name
PRECHECK, INC. 401K PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PRECHECK, INC.
Participants
294
Former employees with a balance
0
Employer contributions
$239,473 in plan year 2019 (33% of all contributions)
Recordkeeper
Adp, Llc
Plan year
Jan 1, 2019 – Dec 31, 2019
Plan established
Jan 1, 2008
✓ 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 2019 (Jan 1, 2019 – Dec 31, 2019), filed Oct 19, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $724,122 went into the plan in contributions, $239,473 of it from the employer (33%).
  • $1.17 million was paid out to participants.
  • Investment and other income added $1.06 million.

How the Precheck, Inc. 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2014185$2.07 million$136,756$185,906
2015236$2.58 million$188,280$151,100
2016244$3.38 million$266,174$175,480
2017279$4.69 million$279,343$167,308
2018288$5.33 million$278,534$80,700
2019 (final)294$0$239,473$1.17 million

Precheck, Inc. 401(k) Contact Information

Phone
575-439-2275
Mailing address
2500 E. TC JESTER BLVD, HOUSTON TX 77008
Plan sponsor
PRECHECK, INC.
Employer identification number (EIN)
76-0489701
Plan number
001

Questions about the Precheck, Inc. 401(k)

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

No. The plan's final Form 5500 was filed for plan year 2019. Its assets were transferred to the CARCO GROUP, INC. PROFIT SHARING AND 401(K) PLAN.

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

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $239,473, 33% of all contributions.

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

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

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

294 participants at the start of plan year 2019.

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

ADP Retirement Services (listed on the filing as ADP, LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

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