Skills Of Central Pennsylvania, Inc 401(k) Plan (terminated 2022): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2022. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Skills Of Central Pennsylvania, Inc 401(k) Plan Facts (plan year 2022)

Plan name
SKILLS OF CENTRAL PENNSYLVANIA, INC. 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SKILLS OF CENTRAL PENNSYLVANIA, INC.
Participants
858
Former employees with a balance
0
Employer contributions
$210,622 in plan year 2022 (27% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2022 – Apr 11, 2022
Plan established
Feb 1, 1985
✓ 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 – Apr 11, 2022), filed Feb 15, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $769,751 went into the plan in contributions, $210,622 of it from the employer (27%).
  • $1.63 million was paid out to participants.

How the Skills Of Central Pennsylvania, Inc 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20171,074$22.4 million$649,374$3.07 million
20181,110$23.0 million$742,198$2.22 million
20191,138$22.8 million$738,964$2.76 million
20201,080$27.1 million$694,558$3.91 million
2021925$27.7 million$311,926$1.59 million
2022 (final)858$0$210,622$1.63 million

Skills Of Central Pennsylvania, Inc 401(k) Contact Information

Phone
814-238-3245
Mailing address
341 SCIENCE PARK RD STE 6, STATE COLLEGE PA 168032287
Plan sponsor
SKILLS OF CENTRAL PENNSYLVANIA, INC.
Employer identification number (EIN)
24-0855593
Plan number
001

Questions about the Skills Of Central Pennsylvania, Inc 401(k)

Is the Skills Of Central Pennsylvania, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2022.

Does Skills Of Central Pennsylvania, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $210,622, 27% of all contributions.

Does the Skills Of Central Pennsylvania, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Skills Of Central Pennsylvania, Inc 401(k) plan?

858 participants at the start of plan year 2022.

Who manages the Skills Of Central Pennsylvania, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

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