Santander Consumer Usa Inc. 401(k) Plan (terminated 2022): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2022, when $275.5 million was transferred out of the plan. Assets moved to the SANTANDER 401(K) PLAN (sponsored by SANTANDER HOLDINGS USA, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
See the SANTANDER 401(K) PLAN →Santander Consumer Usa Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2022 filing.
Santander Consumer Usa Inc. 401(k) Plan Facts (plan year 2022)
Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Jun 24, 2022), filed Apr 17, 2023. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2022
- $25.9 million went into the plan in contributions, $9.61 million of it from the employer (37%).
- $24.3 million was paid out to participants.
How the Santander Consumer Usa Inc. 401(k) changed, 2017–2022
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2017 | 5,410 | $174.9 million | $12.3 million | $18.6 million |
| 2018 | 6,237 | $176.2 million | $13.6 million | $22.9 million |
| 2019 | 5,709 | $234.1 million | $14.3 million | $21.5 million |
| 2020 | 6,785 | $270.7 million | $16.3 million | $36.2 million |
| 2021 | 6,651 | $332.2 million | $18.0 million | $30.7 million |
| 2022 (final) | 6,413 | $0 | $9.61 million | $24.3 million |
Santander Consumer Usa Inc. 401(k) Contact Information
Questions about the Santander Consumer Usa Inc. 401(k)
Is the Santander Consumer Usa Inc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2022. Its assets were transferred to the SANTANDER 401(K) PLAN.
Does Santander Consumer Usa Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $9.61 million, 37% of all contributions.
Does the Santander Consumer Usa Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Santander Consumer Usa Inc 401(k) plan?
6,413 participants at the start of plan year 2022.
Who manages the Santander Consumer Usa Inc 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.