Shores Technologies, Inc. 401(k) Plan (terminated 2020): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2020. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Shores Technologies, Inc. 401(k) Plan Facts (plan year 2020)

Plan name
SHORES TECHNOLOGIES, INC. 401K PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SHORES TECHNOLOGIES, INC.
Participants
58
Employer contributions
$35,590 in plan year 2020 (76% of all contributions)
Plan year
Jan 1, 2020 – Nov 14, 2020
Plan established
Jan 1, 1989
✓ 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-SF for plan year 2020 (Jan 1, 2020 – Nov 14, 2020), filed Dec 30, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $46,694 went into the plan in contributions, $35,590 of it from the employer (76%).
  • $8.60 million was paid out to participants.

How the Shores Technologies, Inc. 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2015104$8.43 million$50,392$148,283
201693$8.94 million$49,098$577,988
201785$10.4 million$48,286$45,773
201874$9.45 million$50,815$715,282
201978$9.66 million$15,507$1.76 million
2020 (final)58$0$35,590$8.60 million

Shores Technologies, Inc. 401(k) Contact Information

Phone
586-772-1310
Mailing address
22904 INDUSTRIAL DRIVE WEST, ST CLAIR SHORES MI 480801131
Plan sponsor
SHORES TECHNOLOGIES, INC.
Employer identification number (EIN)
38-2126579
Plan number
002

Questions about the Shores Technologies, Inc. 401(k)

Is the Shores Technologies, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2020.

Does Shores Technologies, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $35,590, 76% of all contributions.

Does the Shores Technologies, Inc 401(k) have automatic enrollment?

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

How many people are in the Shores Technologies, Inc 401(k) plan?

58 participants at the start of plan year 2020.

Who manages the Shores Technologies, Inc 401(k) accounts?

T. Rowe Price is the plan's recordkeeper, which is where participants log in to see their balance.

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