Trans World Entertainment Corporation 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2019. 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.

Trans World Entertainment Corporation 401(k) Plan Facts (plan year 2019)

Plan name
TRANS WORLD ENTERTAINMENT CORPORATION 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
TRANS WORLD ENTERTAINMENT CORPORATION
Participants
2,177 (2,089 active employees)
Former employees with a balance
407
Plan assets
$41,055,152 at Dec 31, 2019
Average account balance
$64,858 across 633 accounts
Employer contributions
$19,396 in plan year 2019 (2% of all contributions)
Recordkeeper
T Rowe Price Rps Inc
Plan year
Jan 1, 2019 – Dec 31, 2019
Plan established
Oct 1, 1991
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 2019 (Jan 1, 2019 – Dec 31, 2019), filed Oct 15, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $878,157 went into the plan in contributions, $19,396 of it from the employer (2%).
  • $3.42 million was paid out to participants.
  • Investment and other income added $7.29 million.
  • Administrative expenses were $4,000, about $6 per account.

How the Trans World Entertainment Corporation 401(k) changed, 20142019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20145,043$43.9 million$524,978$3.44 million
20154,636$43.6 million$523,890$2.37 million
20164,797$37.5 million$374,330$3.69 million
20175,484$41.7 million$370,366$3.39 million
20186,551$36.4 million$347,760$4.61 million
20192,177$41.1 million$19,396$3.42 million

Trans World Entertainment Corporation 401(k) Contact Information

Phone
518-452-1242
Mailing address
38 CORPORATE CIRCLE, ALBANY NY 12203
Plan sponsor
TRANS WORLD ENTERTAINMENT CORPORATION
Employer identification number (EIN)
14-1541629
Plan number
001

Questions about the Trans World Entertainment Corporation 401(k)

Is the Trans World Entertainment Corporation 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2019, and no later filing was found under this employer's EIN.

Does Trans World Entertainment Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $19,396, 2% of all contributions.

Does the Trans World Entertainment Corporation 401(k) have automatic enrollment?

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

How many people are in the Trans World Entertainment Corporation 401(k) plan?

2,177 participants at the start of plan year 2019, 2,089 of them active employees, and 407 former employees who still had money in the plan.

What is the average 401(k) balance at Trans World Entertainment Corporation?

About $64,858 per account: $41.1 million in plan assets across 633 accounts with a balance at the end of plan year 2019.

Who manages the Trans World Entertainment Corporation 401(k) accounts?

T. Rowe Price (listed on the filing as T ROWE PRICE RPS INC) is the plan's recordkeeper, which is where participants log in to see their balance.

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