Prestolite Electric, Llc 401(k) Plan: Login, Facts & Contact Information
Prestolite Electric, Llc 401(k) Login
64 former Prestolite Electric, Llc employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2022 filing.
Prestolite Electric, Llc 401(k) Plan Facts
Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Sep 12, 2024. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2022
- $893,936 went into the plan in contributions, $186,841 of it from the employer (21%).
- $4.04 million was paid out to participants.
- Administrative expenses were $60,203, about $213 per account.
How the Prestolite Electric, Llc 401(k) changed, 2017–2022
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2017 | 353 | $24.3 million | — | $3.10 million |
| 2018 | 348 | $20.0 million | — | $3.97 million |
| 2019 | 333 | $22.9 million | $132,969 | $2.52 million |
| 2020 | 336 | $24.6 million | $125,271 | $3.11 million |
| 2021 | 225 | $25.5 million | $155,694 | $3.78 million |
| 2022 | 282 | $17.6 million | $186,841 | $4.04 million |
Prestolite Electric, Llc 401(k) Contact Information
Questions about the Prestolite Electric, Llc 401(k)
Does Prestolite Electric, Llc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $186,841, 21% of all contributions.
Does the Prestolite Electric, Llc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Prestolite Electric, Llc 401(k) plan?
282 participants at the start of plan year 2022, 212 of them active employees, and 64 former employees who still had money in the plan.
What is the average 401(k) balance at Prestolite Electric, Llc?
About $62,236 per account: $17.6 million in plan assets across 282 accounts with a balance at the end of plan year 2022.
Who manages the Prestolite Electric, Llc 401(k) accounts?
Transamerica (listed on the filing as TRANSAMERICA RETIREMENT SOLUTIONS) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Prestolite Electric, Llc. How do I access my 401(k)?
Your account stays with Transamerica 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.