Promoworks Llc 401(k) Plan (terminated 2014): Login, Facts & Contact Information

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Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2014. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Promoworks Llc 401(k) Plan Facts (plan year 2014)

Plan name
PROMOWORKS 401(K) PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PROMOWORKS LLC
Participants
139
Former employees with a balance
0
Plan assets
$345 at Nov 27, 2014
Employer contributions
$227 in plan year 2014 (5% of all contributions)
Plan year
Jan 1, 2014 – Nov 27, 2014
Plan established
Jan 1, 2005
✓ 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 2014 (Jan 1, 2014 – Nov 27, 2014), filed Jun 1, 2015. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2014

  • $4,777 went into the plan in contributions, $227 of it from the employer (5%).
  • $5.48 million was paid out to participants.
  • Investment and other income added $32,904.

How the Promoworks Llc 401(k) changed, 2009–2014

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009233$4.18 million$127,283$450,613
2010425$4.37 million$0$644,570
2011130$3.65 million$0$1.01 million
2012125$4.18 million$44,569$528,199
2013165$5.47 million$41,496$511,925
2014 (final)139$345$227$5.48 million

Promoworks Llc 401(k) Contact Information

Phone
847-585-1360
Mailing address
300 N. MARTINGALE ROAD, SCHAUMBURG IL 60173
Plan sponsor
PROMOWORKS LLC
Employer identification number (EIN)
36-4299488
Plan number
001

Questions about the Promoworks Llc 401(k)

Is the Promoworks Llc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2014.

Does Promoworks Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2014 the employer contributed $227, 5% of all contributions.

Does the Promoworks Llc 401(k) have automatic enrollment?

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

How many people are in the Promoworks Llc 401(k) plan?

139 participants at the start of plan year 2014.

Who manages the Promoworks Llc 401(k) accounts?

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

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