Telescents, Inc. Dba Fragrance Net.com 401(k) Plan: Login, Facts & Contact Information

Telescents, Inc. Dba Fragrance Net.com 401(k) Plan Facts

Plan name
FRAGRANCE NET 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
TELESCENTS, INC. DBA FRAGRANCE NET.COM
Participants
354 (284 active employees)
Former employees with a balance
30
Plan assets
$15,770,847 at Dec 31, 2024
Average account balance
$88,105 across 179 accounts
Employer contributions
$538,359 in plan year 2024 (30% of all contributions)
Recordkeeper
John Hancock
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2006
✓ 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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 29, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.80 million went into the plan in contributions, $538,359 of it from the employer (30%).
  • $820,701 was paid out to participants.
  • Investment and other income added $2.09 million.
  • Administrative expenses were $76,836, about $429 per account.

How the Telescents, Inc. Dba Fragrance Net.com 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019291$6.01 million$197,293$547,854
2020202$8.16 million$224,432$488,595
2021271$10.2 million$348,408$233,888
2022286$9.43 million$388,046$336,486
2023314$12.8 million$495,386$162,454
2024354$15.8 million$538,359$820,701

Telescents, Inc. Dba Fragrance Net.com 401(k) Contact Information

Phone
631-940-6824
Mailing address
900 GRAND BLVD, DEER PARK NY 11729
Plan sponsor
TELESCENTS, INC. DBA FRAGRANCE NET.COM
Employer identification number (EIN)
11-3395304
Plan number
001

Questions about the Telescents, Inc. Dba Fragrance Net.com 401(k)

Does Telescents, Inc. Dba Fragrance Net.com contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $538,359, 30% of all contributions.

Does the Telescents, Inc. Dba Fragrance Net.com 401(k) have automatic enrollment?

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

How many people are in the Telescents, Inc. Dba Fragrance Net.com 401(k) plan?

354 participants at the start of plan year 2024, 284 of them active employees, and 30 former employees who still had money in the plan.

What is the average 401(k) balance at Telescents, Inc. Dba Fragrance Net.com?

About $88,105 per account: $15.8 million in plan assets across 179 accounts with a balance at the end of plan year 2024.

Who manages the Telescents, Inc. Dba Fragrance Net.com 401(k) accounts?

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

I no longer work at Telescents, Inc. Dba Fragrance Net.com. How do I access my 401(k)?

Your account stays with John Hancock after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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