Shc Holdco, Inc. 401(k) Plan: Login, Facts & Contact Information

Shc Holdco, Inc. 401(k) Plan Facts

Plan name
SHC HOLDCO, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SHC HOLDCO, INC.
Participants
6,051 (6,298 active employees)
Former employees with a balance
1,405
Plan assets
$73,923,715 at Dec 31, 2022
Average account balance
$27,481 across 2,690 accounts
Employer contributions
$2,205,694 in plan year 2022 (17% of all contributions)
Recordkeeper
Stancorp Financial Group
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 1, 2003
✓ 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 2022 (Jan 1, 2022 – Dec 31, 2022), filed Aug 25, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $12.8 million went into the plan in contributions, $2.21 million of it from the employer (17%).
  • $7.43 million was paid out to participants.
  • Administrative expenses were $148,169, about $55 per account.

How the Shc Holdco, Inc. 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20179,905$59.6 million$2.59 million$6.14 million
201811,486$57.1 million$2.44 million$6.27 million
20195,685$68.6 million$1.42 million$7.44 million
20205,466$75.2 million$408,959$8.61 million
20215,420$84.3 million$1.03 million$8.48 million
20226,051$73.9 million$2.21 million$7.43 million

Shc Holdco, Inc. 401(k) Contact Information

Phone
800-456-6677
Mailing address
6955 UNION PARK CENTER DR. #400, COTTONWOOD HEIGHTS UT 84047
Plan sponsor
SHC HOLDCO, INC.
Employer identification number (EIN)
27-0440873
Plan number
001

Questions about the Shc Holdco, Inc. 401(k)

Does Shc Holdco, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $2.21 million, 17% of all contributions.

Does the Shc Holdco, Inc 401(k) have automatic enrollment?

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

How many people are in the Shc Holdco, Inc 401(k) plan?

6,051 participants at the start of plan year 2022, 6,298 of them active employees, and 1,405 former employees who still had money in the plan.

What is the average 401(k) balance at Shc Holdco, Inc?

About $27,481 per account: $73.9 million in plan assets across 2,690 accounts with a balance at the end of plan year 2022.

Who manages the Shc Holdco, Inc 401(k) accounts?

The Standard (listed on the filing as STANCORP FINANCIAL GROUP) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Shc Holdco, Inc. How do I access my 401(k)?

Your account stays with The Standard after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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