The Impact Partnership, Llc 401(k) Plan: Login, Facts & Contact Information

The Impact Partnership, Llc 401(k) Plan Facts

Plan name
THE IMPACT PARTNERSHIP, LLC 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
THE IMPACT PARTNERSHIP, LLC
Participants
172 (110 active employees)
Former employees with a balance
56
Plan assets
$5,949,155 at Dec 31, 2022
Average account balance
$43,110 across 138 accounts
Employer contributions
$268,604 in plan year 2022 (24% of all contributions)
Recordkeeper
John Hancock Life Insurance Company
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 1, 2012
✓ 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 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 12, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $1.11 million went into the plan in contributions, $268,604 of it from the employer (24%).
  • $457,381 was paid out to participants.
  • Administrative expenses were $52,072, about $377 per account.

How the The Impact Partnership, Llc 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017125$2.41 million$92,251$107,094
2018106$2.80 million$103,510$219,220
2019131$4.09 million$112,525$146,674
2020148$5.14 million$110,072$369,054
2021147$6.40 million$106,403$219,622
2022172$5.95 million$268,604$457,381

The Impact Partnership, Llc 401(k) Contact Information

Phone
678-784-2014
Mailing address
3550 GEORGE BUSBEE PARKWAY SUITE 450, KENNESAW GA 30144
Plan sponsor
THE IMPACT PARTNERSHIP, LLC
Employer identification number (EIN)
45-1840010
Plan number
001

Questions about the The Impact Partnership, Llc 401(k)

Does The Impact Partnership, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $268,604, 24% of all contributions.

Does the The Impact Partnership, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the The Impact Partnership, Llc 401(k) plan?

172 participants at the start of plan year 2022, 110 of them active employees, and 56 former employees who still had money in the plan.

What is the average 401(k) balance at The Impact Partnership, Llc?

About $43,110 per account: $5.95 million in plan assets across 138 accounts with a balance at the end of plan year 2022.

Who manages the The Impact Partnership, Llc 401(k) accounts?

John Hancock (listed on the filing as JOHN HANCOCK LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at The Impact Partnership, Llc. 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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