Thorntons Inc. 401(k) Plan (terminated 2023): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2023, when $62.1 million was transferred out of the plan. Assets moved to the BP EMPLOYEE SAVINGS PLAN (sponsored by BP CORPORATION NORTH AMERICA INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
See the BP EMPLOYEE SAVINGS PLAN →Thorntons Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2023 filing.
Thorntons Inc. 401(k) Plan Facts (plan year 2023)
Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Apr 19, 2023), filed Feb 1, 2024. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2023
- $1.23 million went into the plan in contributions, $377,060 of it from the employer (31%).
- $2.56 million was paid out to participants.
- Investment and other income added $3.40 million.
How the Thorntons Inc. 401(k) changed, 2018–2023
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2018 | 729 | $23.4 million | — | $1.90 million |
| 2019 | 1,343 | $36.4 million | $1.29 million | $6.48 million |
| 2020 | 1,747 | $69.7 million | $1.24 million | $5.12 million |
| 2021 | 3,548 | $72.9 million | $1.33 million | $9.93 million |
| 2022 | 3,662 | $60.1 million | $1.32 million | $5.67 million |
| 2023 (final) | 3,587 | $0 | $377,060 | $2.56 million |
Thorntons Inc. 401(k) Contact Information
Questions about the Thorntons Inc. 401(k)
Is the Thorntons Inc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2023. Its assets were transferred to the BP EMPLOYEE SAVINGS PLAN.
Does Thorntons Inc contribute to the 401(k)?
The plan does not report an employer matching arrangement on its Form 5500. It did report $377,060 in employer contributions for plan year 2023.
Does the Thorntons Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Thorntons Inc 401(k) plan?
3,587 participants at the start of plan year 2023.
Who manages the Thorntons Inc 401(k) accounts?
Newport (an Ascensus company) (listed on the filing as NEWPORT GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.