Thaxton Investment Corporation 401(k) Plan (terminated 2020): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2020, when $6.47 million was transferred out of the plan. Assets moved to the SOUTHERN MANAGEMENT CORPORATION 401(K) RETIREMENT PLAN (sponsored by SOUTHERN MANAGEMENT CORPORATION). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
Thaxton Investment Corporation 401(k) Login
We don't have a verified login link for this plan's recordkeeper (Tag Resources, Llc). Beagle can locate your account.
Retirement plan providers can change. This information is from the plan's 2020 filing.
Thaxton Investment Corporation 401(k) Plan Facts (plan year 2020)
Source: Form 5500 for plan year 2020 (Jan 1, 2020 – Dec 21, 2020), filed Dec 17, 2021. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2020
- $1.94 million went into the plan in contributions, $396,002 of it from the employer (20%).
- $1.30 million was paid out to participants.
- Investment and other income added $805,256.
How the Thaxton Investment Corporation 401(k) changed, 2015–2020
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2015 | 913 | $3.57 million | $219,153 | $1.50 million |
| 2016 | 946 | $3.49 million | $215,017 | $999,025 |
| 2017 | 872 | $4.23 million | $267,359 | $671,992 |
| 2018 | 1,105 | $4.48 million | $332,123 | $750,930 |
| 2019 | 1,069 | $5.12 million | $307,163 | $1.33 million |
| 2020 (final) | 1,139 | $0 | $396,002 | $1.30 million |
Thaxton Investment Corporation 401(k) Contact Information
Questions about the Thaxton Investment Corporation 401(k)
Is the Thaxton Investment Corporation 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2020. Its assets were transferred to the SOUTHERN MANAGEMENT CORPORATION 401(K) RETIREMENT PLAN.
Does Thaxton Investment Corporation contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $396,002, 20% of all contributions.
Does the Thaxton Investment Corporation 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Thaxton Investment Corporation 401(k) plan?
1,139 participants at the start of plan year 2020.
Who manages the Thaxton Investment Corporation 401(k) accounts?
TAG RESOURCES, LLC is the plan's recordkeeper, which is where participants log in to see their balance.