Sonic Corp. 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2018. 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.
Sonic Corp. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2018 filing.
Sonic Corp. 401(k) Plan Facts (plan year 2018)
Source: Form 5500 for plan year 2018 (Jan 1, 2018 – Dec 31, 2018), filed Sep 30, 2019. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2018
- $6.55 million went into the plan in contributions, $2.23 million of it from the employer (34%).
- $8.63 million was paid out to participants.
- Administrative expenses were $102,385, about $118 per account.
How the Sonic Corp. 401(k) changed, 2013–2018
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2013 | 1,906 | $41.4 million | $1.96 million | $3.55 million |
| 2014 | 6,568 | $47.0 million | $2.12 million | $3.82 million |
| 2015 | 4,894 | $50.0 million | $2.45 million | $4.22 million |
| 2016 | 5,206 | $56.1 million | $2.54 million | $4.26 million |
| 2017 | 3,869 | $67.4 million | $2.31 million | $5.68 million |
| 2018 | 4,041 | $62.4 million | $2.23 million | $8.63 million |
Sonic Corp. 401(k) Contact Information
Questions about the Sonic Corp. 401(k)
Is the Sonic Corp 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2018, and no later filing was found under this employer's EIN.
Does Sonic Corp contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2018 the employer contributed $2.23 million, 34% of all contributions.
Does the Sonic Corp 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Sonic Corp 401(k) plan?
4,041 participants at the start of plan year 2018, 2,937 of them active employees, and 334 former employees who still had money in the plan.
What is the average 401(k) balance at Sonic Corp?
About $71,908 per account: $62.4 million in plan assets across 868 accounts with a balance at the end of plan year 2018.
Who manages the Sonic Corp 401(k) accounts?
Transamerica is the plan's recordkeeper, which is where participants log in to see their balance.