Precyse Solutions, Inc. 401(k) Plan (terminated 2017): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2017, when $41.1 million was transferred out of the plan. Assets moved to the FINTHRIVE 401(K) PLAN (sponsored by FINTHRIVE). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the FINTHRIVE 401(K) PLAN →

Precyse Solutions, Inc. 401(k) Plan Facts (plan year 2017)

Plan name
PRECYSE SOLUTIONS, INC. 401(K) AND PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PRECYSE SOLUTIONS, INC.
Participants
1,921
Former employees with a balance
0
Employer contributions
$1,978,713 in plan year 2017 (19% of all contributions)
Plan year
Jan 1, 2017 – Dec 31, 2017
Plan established
Apr 1, 2009
✓ 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 2017 (Jan 1, 2017 – Dec 31, 2017), filed Oct 15, 2018. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2017

  • $10.4 million went into the plan in contributions, $1.98 million of it from the employer (19%).
  • $4.65 million was paid out to participants.
  • Investment and other income added $5.69 million.

How the Precyse Solutions, Inc. 401(k) changed, 2012–2017

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20121,331$12.4 million$149,465$1.34 million
20131,407$16.0 million$79,288$1.87 million
20141,577$21.1 million$549,378$1.43 million
20151,749$24.8 million$630,588$2.37 million
20161,981$29.8 million$696,124$3.17 million
2017 (final)1,921$0$1.98 million$4.65 million

Precyse Solutions, Inc. 401(k) Contact Information

Phone
610-688-2464
Mailing address
1275 DRUMMERS LANE SUITE 200, WAYNE PA 19087
Plan sponsor
PRECYSE SOLUTIONS, INC.
Employer identification number (EIN)
26-2248353
Plan number
002

Questions about the Precyse Solutions, Inc. 401(k)

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

No. The plan's final Form 5500 was filed for plan year 2017. Its assets were transferred to the FINTHRIVE 401(K) PLAN.

Does Precyse Solutions, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2017 the employer contributed $1.98 million, 19% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

1,921 participants at the start of plan year 2017.

Who manages the Precyse Solutions, Inc 401(k) accounts?

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

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