Simonds International Corporation 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2017. 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.
Simonds International Corporation 401(k) Login
Retirement plan providers can change. This information is from the plan's 2017 filing.
Simonds International Corporation 401(k) Plan Facts (plan year 2017)
Source: Form 5500 for plan year 2017 (Jan 1, 2017 – Dec 31, 2017), filed Sep 27, 2018. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2017
- $1.49 million went into the plan in contributions, $566,772 of it from the employer (38%).
- $1.41 million was paid out to participants.
- Investment and other income added $3.12 million.
- Administrative expenses were $137,143, about $476 per account.
How the Simonds International Corporation 401(k) changed, 2012–2017
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2012 | 352 | $21.9 million | $712,618 | $2.12 million |
| 2013 | 349 | $25.8 million | $716,806 | $1.07 million |
| 2014 | 353 | $27.1 million | $741,158 | $1.69 million |
| 2015 | 621 | $27.0 million | $774,793 | $1.85 million |
| 2016 | 348 | $24.6 million | $729,422 | $1.01 million |
| 2017 | 290 | $27.1 million | $566,772 | $1.41 million |
Simonds International Corporation 401(k) Contact Information
Questions about the Simonds International Corporation 401(k)
Is the Simonds International Corporation 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2017, and no later filing was found under this employer's EIN.
Does Simonds International Corporation contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2017 the employer contributed $566,772, 38% of all contributions.
Does the Simonds International Corporation 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Simonds International Corporation 401(k) plan?
290 participants at the start of plan year 2017, 207 of them active employees, and 76 former employees who still had money in the plan.
What is the average 401(k) balance at Simonds International Corporation?
About $94,261 per account: $27.1 million in plan assets across 288 accounts with a balance at the end of plan year 2017.
Who manages the Simonds International Corporation 401(k) accounts?
Empower is the plan's recordkeeper, which is where participants log in to see their balance.