Travelex Global Business Payments, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2010. 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.

Travelex Global Business Payments, Inc. 401(k) Plan Facts (plan year 2010)

Plan name
TRAVELEX RETIREMENT SAVINGS 401K PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
TRAVELEX GLOBAL BUSINESS PAYMENTS, INC.
Participants
439 (866 active employees)
Former employees with a balance
126
Plan assets
$21,918,745 at Dec 31, 2010
Average account balance
$47,137 across 465 accounts
Employer contributions
$1,126,374 in plan year 2010 (38% of all contributions)
Plan year
Jan 1, 2010 – Dec 31, 2010
Plan established
Oct 1, 1992
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 2010 (Jan 1, 2010 – Dec 31, 2010), filed Oct 4, 2011. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2010

  • $2.95 million went into the plan in contributions, $1.13 million of it from the employer (38%).
  • $1.72 million was paid out to participants.
  • Investment and other income added $2.28 million.
  • Administrative expenses were $7,181, about $15 per account.

How the Travelex Global Business Payments, Inc. 401(k) changed, 20092010

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009295$18.4 million$1.01 million$2.66 million
2010439$21.9 million$1.13 million$1.72 million

Travelex Global Business Payments, Inc. 401(k) Contact Information

Phone
202-408-7353
Mailing address
1152 15TH STREET, N.W. 7TH FLOOR, WASHINGTON DC 20005
Plan sponsor
TRAVELEX GLOBAL BUSINESS PAYMENTS, INC.
Employer identification number (EIN)
13-3440076
Plan number
001

Questions about the Travelex Global Business Payments, Inc. 401(k)

Is the Travelex Global Business Payments, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2010, and no later filing was found under this employer's EIN.

Does Travelex Global Business Payments, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2010 the employer contributed $1.13 million, 38% of all contributions.

Does the Travelex Global Business Payments, Inc 401(k) have automatic enrollment?

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

How many people are in the Travelex Global Business Payments, Inc 401(k) plan?

439 participants at the start of plan year 2010, 866 of them active employees, and 126 former employees who still had money in the plan.

What is the average 401(k) balance at Travelex Global Business Payments, Inc?

About $47,137 per account: $21.9 million in plan assets across 465 accounts with a balance at the end of plan year 2010.

Who manages the Travelex Global Business Payments, Inc 401(k) accounts?

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

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