Syncreon America, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

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.

Syncreon America, Inc. 401(k) Plan Facts (plan year 2018)

Plan name
SYNCREON NON-BARGAINED EMPLOYEES 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SYNCREON AMERICA, INC.
Participants
2,600 (2,557 active employees)
Former employees with a balance
232
Plan assets
$40,194,625 at Dec 31, 2018
Average account balance
$31,900 across 1,260 accounts
Employer contributions
$2,303,141 in plan year 2018 (28% of all contributions)
Plan year
Jan 1, 2018 – Dec 31, 2018
Plan established
Oct 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 2018 (Jan 1, 2018 – Dec 31, 2018), filed Oct 15, 2019. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2018

  • $8.18 million went into the plan in contributions, $2.30 million of it from the employer (28%).
  • $4.11 million was paid out to participants.
  • Administrative expenses were $76,151, about $60 per account.

How the Syncreon America, Inc. 401(k) changed, 2016–2018

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20162,279$29.8 million$1.63 million$3.15 million
20172,331$38.6 million$2.00 million$3.63 million
20182,600$40.2 million$2.30 million$4.11 million

Syncreon America, Inc. 401(k) Contact Information

Phone
248-377-4700
Mailing address
2851 HIGH MEADOW CIRCLE SUITE 250, AUBURN HILLS MI 48326
Plan sponsor
SYNCREON AMERICA, INC.
Employer identification number (EIN)
38-3629823
Plan number
001

Questions about the Syncreon America, Inc. 401(k)

Is the Syncreon America, Inc 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 Syncreon America, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2018 the employer contributed $2.30 million, 28% of all contributions.

Does the Syncreon America, Inc 401(k) have automatic enrollment?

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

How many people are in the Syncreon America, Inc 401(k) plan?

2,600 participants at the start of plan year 2018, 2,557 of them active employees, and 232 former employees who still had money in the plan.

What is the average 401(k) balance at Syncreon America, Inc?

About $31,900 per account: $40.2 million in plan assets across 1,260 accounts with a balance at the end of plan year 2018.

Who manages the Syncreon America, Inc 401(k) accounts?

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

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