Silent-aire Usa, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2021. 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.

Silent-aire Usa, Inc. 401(k) Plan Facts (plan year 2021)

Plan name
SILENT-AIRE USA 401(K) PROFIT SHARING PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SILENT-AIRE USA, INC.
Participants
874 (761 active employees)
Former employees with a balance
0
Plan assets
$41,440 at Dec 31, 2021
Average account balance
$1,480 across 28 accounts
Employer contributions
$122,100 in plan year 2021 (17% of all contributions)
Recordkeeper
Great-west Life & Annuity Ins Co
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Jan 1, 2013
✓ 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 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 14, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $708,160 went into the plan in contributions, $122,100 of it from the employer (17%).
  • $199,335 was paid out to participants.
  • Investment and other income added $121,327.
  • Administrative expenses were $7,358, about $263 per account.

How the Silent-aire Usa, Inc. 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2016144$54,640—$129,256
2017231$403,699—$5,538
2018330$449,530—$0
2019332$410,000—$310,743
2020628$694,127$0$64,071
2021874$41,440$122,100$199,335

Silent-aire Usa, Inc. 401(k) Contact Information

Phone
480-656-1239
Mailing address
280 EAST GERMANN ROAD, GILBERT AZ 85297
Plan sponsor
SILENT-AIRE USA, INC.
Employer identification number (EIN)
90-0930997
Plan number
001

Questions about the Silent-aire Usa, Inc. 401(k)

Is the Silent-aire Usa, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.

Does Silent-aire Usa, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $122,100, 17% of all contributions.

Does the Silent-aire Usa, Inc 401(k) have automatic enrollment?

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

How many people are in the Silent-aire Usa, Inc 401(k) plan?

874 participants at the start of plan year 2021, 761 of them active employees.

What is the average 401(k) balance at Silent-aire Usa, Inc?

About $1,480 per account: $41,440 in plan assets across 28 accounts with a balance at the end of plan year 2021.

Who manages the Silent-aire Usa, Inc 401(k) accounts?

Empower (listed on the filing as GREAT-WEST LIFE & ANNUITY INS CO) is the plan's recordkeeper, which is where participants log in to see their balance.

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