Seibels, Bruce & Company 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.

Seibels, Bruce & Company 401(k) Plan Facts (plan year 2012)

Plan name
SEIBELS, BRUCE & COMPANY EMPLOYEES' PROFIT SHARING & SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SEIBELS, BRUCE & COMPANY
Participants
407 (277 active employees)
Former employees with a balance
83
Plan assets
$19,094,890 at Dec 31, 2012
Average account balance
$55,508 across 344 accounts
Employer contributions
$545,968 in plan year 2012 (37% of all contributions)
Plan year
Jan 1, 2012 – Dec 31, 2012
Plan established
Jul 1, 1973
✓ 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 Sep 17, 2013. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2012

  • $1.50 million went into the plan in contributions, $545,968 of it from the employer (37%).
  • $4.10 million was paid out to participants.
  • Investment and other income added $1.98 million.
  • Administrative expenses were $11,835, about $34 per account.

How the Seibels, Bruce & Company 401(k) changed, 2009–2012

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009472$16.6 million$706,001$1.61 million
2010442$18.8 million$627,699$1.18 million
2011411$19.7 million$623,523$574,743
2012407$19.1 million$545,968$4.10 million

Seibels, Bruce & Company 401(k) Contact Information

Phone
803-748-2621
Mailing address
1501 LADY STREET, COLUMBIA SC 29201
Plan sponsor
SEIBELS, BRUCE & COMPANY
Employer identification number (EIN)
57-0242440
Plan number
001

Questions about the Seibels, Bruce & Company 401(k)

Is the Seibels, Bruce & Company 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 Seibels, Bruce & Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2012 the employer contributed $545,968, 37% of all contributions.

Does the Seibels, Bruce & Company 401(k) have automatic enrollment?

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

How many people are in the Seibels, Bruce & Company 401(k) plan?

407 participants at the start of plan year 2012, 277 of them active employees, and 83 former employees who still had money in the plan.

What is the average 401(k) balance at Seibels, Bruce & Company?

About $55,508 per account: $19.1 million in plan assets across 344 accounts with a balance at the end of plan year 2012.

Who manages the Seibels, Bruce & Company 401(k) accounts?

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

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