Sweetman Const. Co. D/b/a Concrete Materials 401(k) Plan (terminated 2020): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2020. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Sweetman Const. Co. D/b/a Concrete Materials 401(k) Plan Facts (plan year 2020)

Plan name
SWEETMAN CONST. CO. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SWEETMAN CONST. CO. D/B/A CONCRETE MATERIALS
Participants
159
Former employees with a balance
0
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2020 – Jun 30, 2020
Plan established
Jan 1, 1995
✓ 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 – Jun 30, 2020), filed Dec 22, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $10.0 million was paid out to participants.

How the Sweetman Const. Co. D/b/a Concrete Materials 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2015250$11.3 million$452,295$484,825
2016236$11.7 million$513,477$1.77 million
2017258$13.0 million$501,306$1.81 million
2018263$12.8 million$438,769$708,734
2019249$11.1 million$844$3.95 million
2020 (final)159$0—$10.0 million

Sweetman Const. Co. D/b/a Concrete Materials 401(k) Contact Information

Phone
605-336-5760
Mailing address
1500 N. SWEETMAN PLACE, SIOUX FALLS SD 57107
Plan sponsor
SWEETMAN CONST. CO. D/B/A CONCRETE MATERIALS
Employer identification number (EIN)
46-0202320
Plan number
002

Questions about the Sweetman Const. Co. D/b/a Concrete Materials 401(k)

Is the Sweetman Const. Co. D/b/a Concrete Materials 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2020.

Does Sweetman Const. Co. D/b/a Concrete Materials contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Sweetman Const. Co. D/b/a Concrete Materials 401(k) have automatic enrollment?

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

How many people are in the Sweetman Const. Co. D/b/a Concrete Materials 401(k) plan?

159 participants at the start of plan year 2020.

Who manages the Sweetman Const. Co. D/b/a Concrete Materials 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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