Redbox Automated Retail, Llc 401(k) Plan: Login, Facts & Contact Information

Redbox Automated Retail, Llc 401(k) Plan Facts

Plan name
REDBOX 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
REDBOX AUTOMATED RETAIL, LLC
Participants
1,840 (1,145 active employees)
Former employees with a balance
525
Plan assets
$83,048,088 at Dec 31, 2022
Average account balance
$65,289 across 1,272 accounts
Employer contributions
$1,782,810 in plan year 2022 (25% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Mar 1, 2017
✓ 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 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 13, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $7.03 million went into the plan in contributions, $1.78 million of it from the employer (25%).
  • $9.29 million was paid out to participants.
  • Administrative expenses were $282,414, about $222 per account.

How the Redbox Automated Retail, Llc 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20172,028$73.4 million$2.13 million$7.58 million
20182,225$62.4 million$2.20 million$7.34 million
20192,191$80.1 million$2.36 million$5.34 million
20201,951$94.2 million$2.19 million$9.56 million
20212,073$104.3 million$1.98 million$12.1 million
20221,840$83.0 million$1.78 million$9.29 million

Redbox Automated Retail, Llc 401(k) Contact Information

Phone
630-756-8000
Mailing address
ONE TOWER LANE, SUITE 800, OAKBROOK TERRACE IL 60181
Plan sponsor
REDBOX AUTOMATED RETAIL, LLC
Employer identification number (EIN)
26-0100436
Plan number
002

Questions about the Redbox Automated Retail, Llc 401(k)

Does Redbox Automated Retail, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $1.78 million, 25% of all contributions.

Does the Redbox Automated Retail, Llc 401(k) have automatic enrollment?

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

How many people are in the Redbox Automated Retail, Llc 401(k) plan?

1,840 participants at the start of plan year 2022, 1,145 of them active employees, and 525 former employees who still had money in the plan.

What is the average 401(k) balance at Redbox Automated Retail, Llc?

About $65,289 per account: $83.0 million in plan assets across 1,272 accounts with a balance at the end of plan year 2022.

Who manages the Redbox Automated Retail, Llc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Redbox Automated Retail, Llc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits 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.

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