Sabic Americas, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2012. 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.

Sabic Americas, Inc. 401(k) Plan Facts (plan year 2012)

Plan name
SABIC AMERICAS, INC. 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SABIC AMERICAS, INC.
Participants
142 (126 active employees)
Plan assets
$18,853,020 at Dec 31, 2012
Average account balance
$142,826 across 132 accounts
Employer contributions
$1,191,096 in plan year 2012 (49% of all contributions)
Plan year
Jan 1, 2012 – Dec 31, 2012
Plan established
Sep 1, 1991
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 2012 (Jan 1, 2012 – Dec 31, 2012), filed Oct 15, 2013. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2012

  • $2.44 million went into the plan in contributions, $1.19 million of it from the employer (49%).
  • $1.16 million was paid out to participants.
  • Investment and other income added $1.74 million.
  • Administrative expenses were $2,104, about $16 per account.

How the Sabic Americas, Inc. 401(k) changed, 20092012

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009130$12.6 million$927,332$401,369
2010132
2011132$15.8 million$994,556$702,291
2012142$18.9 million$1.19 million$1.16 million

Sabic Americas, Inc. 401(k) Contact Information

Phone
713-783-0363
Mailing address
2500 CITY WEST BOULEVARD, SUITE 650, HOUSTON TX 77042
Plan sponsor
SABIC AMERICAS, INC.
Employer identification number (EIN)
06-1197875
Plan number
001

Questions about the Sabic Americas, Inc. 401(k)

Is the Sabic Americas, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2012, and no later filing was found under this employer's EIN.

Does Sabic Americas, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2012 the employer contributed $1.19 million, 49% of all contributions.

Does the Sabic Americas, Inc 401(k) have automatic enrollment?

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

How many people are in the Sabic Americas, Inc 401(k) plan?

142 participants at the start of plan year 2012, 126 of them active employees.

What is the average 401(k) balance at Sabic Americas, Inc?

About $142,826 per account: $18.9 million in plan assets across 132 accounts with a balance at the end of plan year 2012.

Who manages the Sabic Americas, Inc 401(k) accounts?

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

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