S & N Communications, Inc. 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.

S & N Communications, Inc. 401(k) Plan Facts (plan year 2017)

Plan name
401K RETIREMENT PLAN OF SNP
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
S & N COMMUNICATIONS, INC.
Participants
1,057 (563 active employees)
Former employees with a balance
67
Plan assets
$5,450,798 at Dec 31, 2017
Average account balance
$22,999 across 237 accounts
Employer contributions
$90,161 in plan year 2017 (15% of all contributions)
Plan year
Jan 1, 2017 – Dec 31, 2017
Plan established
Jan 1, 2001
✓ 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 1, 2018. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2017

  • $621,498 went into the plan in contributions, $90,161 of it from the employer (15%).
  • $1.05 million was paid out to participants.
  • Investment and other income added $805,909.
  • Administrative expenses were $27,046, about $114 per account.

How the S & N Communications, Inc. 401(k) changed, 2012–2017

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2012502$2.44 million$40,318$152,843
2013522$2.78 million$40,148$510,819
2014914$3.01 million$56,491$227,146
20151,000$4.71 million$112,264$910,999
2016879$5.12 million$114,906$616,827
20171,057$5.45 million$90,161$1.05 million

S & N Communications, Inc. 401(k) Contact Information

Phone
336-992-5431
Mailing address
636 GRALIN STREET, KERNERSVILLE NC 272843454
Plan sponsor
S & N COMMUNICATIONS, INC.
Employer identification number (EIN)
56-1227723
Plan number
002

Questions about the S & N Communications, Inc. 401(k)

Is the S & N Communications, Inc 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 S & N Communications, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2017 the employer contributed $90,161, 15% of all contributions.

Does the S & N Communications, Inc 401(k) have automatic enrollment?

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

How many people are in the S & N Communications, Inc 401(k) plan?

1,057 participants at the start of plan year 2017, 563 of them active employees, and 67 former employees who still had money in the plan.

What is the average 401(k) balance at S & N Communications, Inc?

About $22,999 per account: $5.45 million in plan assets across 237 accounts with a balance at the end of plan year 2017.

Who manages the S & N Communications, Inc 401(k) accounts?

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

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