Sorenson Bioscience, Inc 401(k) Plan (terminated 2011): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2011, when $4.54 million was transferred out of the plan. Assets moved to the CORNING INCORPORATED INVESTMENT PLAN (sponsored by CORNING INCORPORATED). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the CORNING INCORPORATED INVESTMENT PLAN →

Sorenson Bioscience, Inc 401(k) Plan Facts (plan year 2011)

Plan name
SORENSON BIOSCIENCE RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SORENSON BIOSCIENCE, INC
Participants
260
Former employees with a balance
0
Plan year
Jan 1, 2011 – Mar 31, 2011
Plan established
Mar 1, 2009
✓ 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 2011 (Jan 1, 2011 – Mar 31, 2011), filed Dec 13, 2011. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2011

  • $92,644 was paid out to participants.
  • Investment and other income added $157,273.

How the Sorenson Bioscience, Inc 401(k) changed, 2009–2011

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009248$3.43 million$290,378$46,148
2010259$4.48 million$360,000$207,807
2011 (final)260$0—$92,644

Sorenson Bioscience, Inc 401(k) Contact Information

Phone
607-974-4096
Mailing address
6507 SOUTH 400 WEST, SALT LAKE CITY UT 84107
Plan sponsor
SORENSON BIOSCIENCE, INC
Employer identification number (EIN)
87-0488313
Plan number
001

Questions about the Sorenson Bioscience, Inc 401(k)

Is the Sorenson Bioscience, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2011. Its assets were transferred to the CORNING INCORPORATED INVESTMENT PLAN.

Does Sorenson Bioscience, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Sorenson Bioscience, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Sorenson Bioscience, Inc 401(k) plan?

260 participants at the start of plan year 2011.

Who manages the Sorenson Bioscience, Inc 401(k) accounts?

Ascensus is the plan's recordkeeper, which is where participants log in to see their balance.

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