Unitek Learning, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2021. 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.

Unitek Learning, Inc. 401(k) Plan Facts (plan year 2021)

Plan name
UNITEK 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
UNITEK LEARNING, INC.
Participants
1,039 (755 active employees)
Former employees with a balance
556
Plan assets
$16,969,017 at Dec 31, 2021
Average account balance
$13,830 across 1,227 accounts
Employer contributions
$808,413 in plan year 2021 (22% of all contributions)
Recordkeeper
Transamerica Life Insurance Company
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Jan 1, 1996
✓ 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 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 11, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $3.62 million went into the plan in contributions, $808,413 of it from the employer (22%).
  • $1.07 million was paid out to participants.
  • Investment and other income added $1.81 million.
  • Administrative expenses were $74,424, about $61 per account.

How the Unitek Learning, Inc. 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2016464$3.47 million$109,273$216,789
2017470$4.98 million$278,450$481,639
2018594$5.89 million$306,725$256,195
2019751$8.83 million$357,143$297,809
2020891$12.7 million$496,125$484,610
20211,039$17.0 million$808,413$1.07 million

Unitek Learning, Inc. 401(k) Contact Information

Phone
949-407-6685
Mailing address
140 DOVE STREET, SUITE 340, NEWPORT BEACH CA 92660
Plan sponsor
UNITEK LEARNING, INC.
Employer identification number (EIN)
94-3207088
Plan number
001

Questions about the Unitek Learning, Inc. 401(k)

Is the Unitek Learning, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.

Does Unitek Learning, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $808,413, 22% of all contributions.

Does the Unitek Learning, Inc 401(k) have automatic enrollment?

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

How many people are in the Unitek Learning, Inc 401(k) plan?

1,039 participants at the start of plan year 2021, 755 of them active employees, and 556 former employees who still had money in the plan.

What is the average 401(k) balance at Unitek Learning, Inc?

About $13,830 per account: $17.0 million in plan assets across 1,227 accounts with a balance at the end of plan year 2021.

Who manages the Unitek Learning, Inc 401(k) accounts?

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

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