Rcn Telecom Services, Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2017. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Rcn Telecom Services, Llc 401(k) Plan Facts (plan year 2017)

Plan name
RCN CABLE RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
RCN TELECOM SERVICES, LLC
Participants
1,925 (1,286 active employees)
Former employees with a balance
615
Plan assets
$104,864,406 at Dec 31, 2017
Average account balance
$63,516 across 1,651 accounts
Employer contributions
$3,009,472 in plan year 2017 (33% of all contributions)
Plan year
Jan 1, 2017 – Dec 31, 2017
Plan established
Oct 1, 1997
✓ 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 12, 2018. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2017

  • $9.18 million went into the plan in contributions, $3.01 million of it from the employer (33%).
  • $4.92 million was paid out to participants.
  • Investment and other income added $12.6 million.
  • Administrative expenses were $80,389, about $49 per account.

How the Rcn Telecom Services, Llc 401(k) changed, 2012–2017

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20122,388$54.8 million$1.95 million$4.04 million
20131,785$67.6 million$2.15 million$4.18 million
20141,905$74.9 million$2.41 million$3.89 million
20151,923$78.2 million$2.63 million$4.77 million
20161,937$88.1 million$2.77 million$4.51 million
20171,925$104.9 million$3.01 million$4.92 million

Rcn Telecom Services, Llc 401(k) Contact Information

Phone
609-681-2189
Mailing address
650 COLLEGE ROAD EAST, PRINCETON NJ 08540
Plan sponsor
RCN TELECOM SERVICES, LLC
Employer identification number (EIN)
27-2131198
Plan number
001

Questions about the Rcn Telecom Services, Llc 401(k)

Is the Rcn Telecom Services, Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2017, and no later filing was found under this employer's EIN.

Does Rcn Telecom Services, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2017 the employer contributed $3.01 million, 33% of all contributions.

Does the Rcn Telecom Services, Llc 401(k) have automatic enrollment?

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

How many people are in the Rcn Telecom Services, Llc 401(k) plan?

1,925 participants at the start of plan year 2017, 1,286 of them active employees, and 615 former employees who still had money in the plan.

What is the average 401(k) balance at Rcn Telecom Services, Llc?

About $63,516 per account: $104.9 million in plan assets across 1,651 accounts with a balance at the end of plan year 2017.

Who manages the Rcn Telecom Services, Llc 401(k) accounts?

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

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