Sca Sweeping Corporation 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2018. 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.

Sca Sweeping Corporation 401(k) Plan Facts (plan year 2018)

Plan name
SCA SWEEPING CORPORATION RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SCA SWEEPING CORPORATION
Participants
145 (125 active employees)
Former employees with a balance
23
Plan assets
$9,776,554 at Dec 31, 2018
Average account balance
$82,852 across 118 accounts
Employer contributions
$394,989 in plan year 2018 (39% of all contributions)
Plan year
Jan 1, 2018 – Dec 31, 2018
Plan established
Jan 1, 1995
✓ 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 2018 (Jan 1, 2018 – Dec 31, 2018), filed Sep 17, 2019. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2018

  • $1.02 million went into the plan in contributions, $394,989 of it from the employer (39%).
  • $599,813 was paid out to participants.
  • Administrative expenses were $33,084, about $280 per account.

How the Sca Sweeping Corporation 401(k) changed, 2013–2018

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2013117$5.88 million$300,733$681,914
2014112$6.53 million$376,253$377,142
2015122$7.14 million$439,088$143,312
2016139$8.13 million$393,815$466,599
2017140$10.1 million$416,587$280,810
2018145$9.78 million$394,989$599,813

Sca Sweeping Corporation 401(k) Contact Information

Phone
215-736-1556
Mailing address
10 KRESGE RD, FAIRLESS HILLS PA 190304503
Plan sponsor
SCA SWEEPING CORPORATION
Employer identification number (EIN)
23-2914467
Plan number
001

Questions about the Sca Sweeping Corporation 401(k)

Is the Sca Sweeping Corporation 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2018, and no later filing was found under this employer's EIN.

Does Sca Sweeping Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2018 the employer contributed $394,989, 39% of all contributions.

Does the Sca Sweeping Corporation 401(k) have automatic enrollment?

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

How many people are in the Sca Sweeping Corporation 401(k) plan?

145 participants at the start of plan year 2018, 125 of them active employees, and 23 former employees who still had money in the plan.

What is the average 401(k) balance at Sca Sweeping Corporation?

About $82,852 per account: $9.78 million in plan assets across 118 accounts with a balance at the end of plan year 2018.

Who manages the Sca Sweeping Corporation 401(k) accounts?

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

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