Sunbelt Beverage Co Llc D/b/a Breakthru Beverage Group 401(k) Plan: Login, Facts & Contact Information

No recent filing

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.

Sunbelt Beverage Co Llc D/b/a Breakthru Beverage Group 401(k) Plan Facts (plan year 2020)

Plan name
BREAKTHRU BEVERAGE GROUP 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SUNBELT BEVERAGE CO LLC D/B/A BREAKTHRU BEVERAGE GROUP
Participants
7,450 (5,483 active employees)
Former employees with a balance
2,813
Plan assets
$571,942,308 at Dec 31, 2020
Average account balance
$140,216 across 4,079 accounts
Employer contributions
$5,886,812 in plan year 2020 (18% of all contributions)
Recordkeeper
Fid Inv Instl Ops Co
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Nov 10, 1988
✓ 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 2020 (Jan 1, 2020 – Dec 31, 2020), filed Oct 14, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $32.2 million went into the plan in contributions, $5.89 million of it from the employer (18%).
  • $53.8 million was paid out to participants.
  • Investment and other income added $98.4 million.
  • Administrative expenses were $191,380, about $47 per account.

How the Sunbelt Beverage Co Llc D/b/a Breakthru Beverage Group 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20152,387$148.1 million$2.97 million$15.5 million
20162,464$239.9 million$4.57 million$21.1 million
20173,948$434.0 million$4.89 million$23.4 million
20186,035$411.6 million$6.70 million$32.4 million
20197,795$495.3 million$7.07 million$44.9 million
20207,450$571.9 million$5.89 million$53.8 million

Sunbelt Beverage Co Llc D/b/a Breakthru Beverage Group 401(k) Contact Information

Phone
212-699-7025
Mailing address
60 EAST 42ND STREET, SUITE 1915, NEW YORK NY 10165
Plan sponsor
SUNBELT BEVERAGE CO LLC D/B/A BREAKTHRU BEVERAGE GROUP
Employer identification number (EIN)
52-2050859
Plan number
001

Questions about the Sunbelt Beverage Co Llc D/b/a Breakthru Beverage Group 401(k)

Is the Sunbelt Beverage Co Llc D/b/a Breakthru Beverage Group 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 Sunbelt Beverage Co Llc D/b/a Breakthru Beverage Group contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $5.89 million, 18% of all contributions.

Does the Sunbelt Beverage Co Llc D/b/a Breakthru Beverage Group 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Sunbelt Beverage Co Llc D/b/a Breakthru Beverage Group 401(k) plan?

7,450 participants at the start of plan year 2020, 5,483 of them active employees, and 2,813 former employees who still had money in the plan.

What is the average 401(k) balance at Sunbelt Beverage Co Llc D/b/a Breakthru Beverage Group?

About $140,216 per account: $571.9 million in plan assets across 4,079 accounts with a balance at the end of plan year 2020.

Who manages the Sunbelt Beverage Co Llc D/b/a Breakthru Beverage Group 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FID INV INSTL OPS CO) is the plan's recordkeeper, which is where participants log in to see their balance.

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