Romaine Electric Corporation 401(k) Plan: Login, Facts & Contact Information
Romaine Electric Corporation 401(k) Login
12 former Romaine Electric Corporation employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2023 filing.
Romaine Electric Corporation 401(k) Plan Facts
Source: Form 5500 for plan year 2023 (May 1, 2023 – Dec 31, 2023), filed Oct 30, 2024. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2023
- $537,949 went into the plan in contributions, $91,229 of it from the employer (17%).
- $315,678 was paid out to participants.
- Investment and other income added $521,253.
- Administrative expenses were $25,964, about $163 per account.
How the Romaine Electric Corporation 401(k) changed, 2018–2023
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2018 | 105 | $4.55 million | $55,404 | $60,314 |
| 2019 | 104 | $4.73 million | $55,839 | $126,705 |
| 2020 | 118 | $6.46 million | $63,120 | $128,081 |
| 2021 | 118 | $5.45 million | $118,349 | $982,097 |
| 2022 | 147 | $5.61 million | $115,805 | $312,452 |
| 2023 | 139 | $6.33 million | $91,229 | $315,678 |
Romaine Electric Corporation 401(k) Contact Information
Questions about the Romaine Electric Corporation 401(k)
Does Romaine Electric Corporation contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $91,229, 17% of all contributions.
Does the Romaine Electric Corporation 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Romaine Electric Corporation 401(k) plan?
139 participants at the start of plan year 2023, 147 of them active employees, and 12 former employees who still had money in the plan.
What is the average 401(k) balance at Romaine Electric Corporation?
About $39,825 per account: $6.33 million in plan assets across 159 accounts with a balance at the end of plan year 2023.
Who manages the Romaine Electric Corporation 401(k) accounts?
ADP Retirement Services (listed on the filing as ADP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Romaine Electric Corporation. How do I access my 401(k)?
Your account stays with ADP Retirement Services 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.