Sodecia Automotive Detroit Corp. 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2020. 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.
Sodecia Automotive Detroit Corp. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2020 filing.
Sodecia Automotive Detroit Corp. 401(k) Plan Facts (plan year 2020)
Source: Form 5500 for plan year 2020 (Jan 1, 2020 – Dec 31, 2020), filed Oct 15, 2021. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2020
- $1.78 million went into the plan in contributions, $374,342 of it from the employer (21%).
- $4.47 million was paid out to participants.
- Investment and other income added $2.45 million.
- Administrative expenses were $123,253, about $233 per account.
How the Sodecia Automotive Detroit Corp. 401(k) changed, 2015–2020
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2015 | 542 | $15.9 million | $241,555 | $2.34 million |
| 2016 | 498 | $17.2 million | $245,877 | $1.23 million |
| 2017 | 543 | $18.4 million | $238,591 | $2.48 million |
| 2018 | 515 | $18.1 million | $404,752 | $1.43 million |
| 2019 | 884 | $21.4 million | $415,198 | $1.91 million |
| 2020 | 881 | $21.0 million | $374,342 | $4.47 million |
Sodecia Automotive Detroit Corp. 401(k) Contact Information
Questions about the Sodecia Automotive Detroit Corp. 401(k)
Is the Sodecia Automotive Detroit Corp 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2020, and no later filing was found under this employer's EIN.
Does Sodecia Automotive Detroit Corp contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $374,342, 21% of all contributions.
Does the Sodecia Automotive Detroit Corp 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Sodecia Automotive Detroit Corp 401(k) plan?
881 participants at the start of plan year 2020, 659 of them active employees, and 120 former employees who still had money in the plan.
What is the average 401(k) balance at Sodecia Automotive Detroit Corp?
About $39,576 per account: $21.0 million in plan assets across 530 accounts with a balance at the end of plan year 2020.
Who manages the Sodecia Automotive Detroit Corp 401(k) accounts?
Empower (listed on the filing as MASSACHUSETTS MUTUAL LIFE INS. CO.) is the plan's recordkeeper, which is where participants log in to see their balance.