Tug Technologies Corporation 401(k) Plan (terminated 2015): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2015, when $4.59 million was transferred out of the plan. Assets moved to the TEXTRON SAVINGS PLAN (sponsored by TEXTRON INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the TEXTRON SAVINGS PLAN →

Tug Technologies Corporation 401(k) Plan Facts (plan year 2015)

Plan name
TUG TECHNOLOGIES CORPORATION 401 (K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
TUG TECHNOLOGIES CORPORATION
Participants
253
Former employees with a balance
0
Plan year
Jan 1, 2015 – Apr 30, 2015
Plan established
Feb 1, 2005
✓ 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 2015 (Jan 1, 2015 – Apr 30, 2015), filed Feb 4, 2016. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2015

  • $261,905 was paid out to participants.
  • Investment and other income added $137,911.

How the Tug Technologies Corporation 401(k) changed, 2010–2015

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2010290$3.00 million$7,348$165,601
2011276$3.08 million—$167,619
2012247$3.65 million—$136,899
2013254$4.30 million—$286,857
2014261$4.71 million—$213,428
2015 (final)253$0—$261,905

Tug Technologies Corporation 401(k) Contact Information

Phone
678-581-7788
Mailing address
PO BOX 3028, KENNESSAW GA 301569118
Plan sponsor
TUG TECHNOLOGIES CORPORATION
Employer identification number (EIN)
84-1663606
Plan number
001

Questions about the Tug Technologies Corporation 401(k)

Is the Tug Technologies Corporation 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2015. Its assets were transferred to the TEXTRON SAVINGS PLAN.

Does Tug Technologies Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Tug Technologies Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Tug Technologies Corporation 401(k) plan?

253 participants at the start of plan year 2015.

Who manages the Tug Technologies Corporation 401(k) accounts?

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

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