Upgrade, Inc. 401(k) Plan (terminated 2022): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2022, when $9.89 million was transferred out of the plan. Assets moved to the UPGRADE INC. 401(K) PLAN (sponsored by UPGRADE INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Upgrade, Inc. 401(k) Plan Facts (plan year 2022)

Plan name
FORUS 401(K)
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
UPGRADE, INC.
Participants
830
Former employees with a balance
0
Plan year
Jan 1, 2022 – Jan 25, 2022
Plan established
Nov 1, 2014
✓ 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 2022 (Jan 1, 2022 – Jan 25, 2022), filed Oct 11, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $7,440 was paid out to participants.

How the Upgrade, Inc. 401(k) changed, 2018–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2018170$1.30 million—$36,945
2019280$3.41 million$51,480$233,643
2020311$6.15 million$129,017$308,810
2021425$10.1 million$146,454$409,073
2022 (final)830$0—$7,440

Upgrade, Inc. 401(k) Contact Information

Phone
407-290-2789
Mailing address
275 BATTERY ST. SUITE 2300, SAN FRANCISCO CA 94111
Plan sponsor
UPGRADE, INC.
Plan administrator
FORUSALL, INC.
Employer identification number (EIN)
81-2807376
Plan number
001

Questions about the Upgrade, Inc. 401(k)

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

No. The plan's final Form 5500 was filed for plan year 2022. Its assets were transferred to the UPGRADE INC. 401(K) PLAN.

Does Upgrade, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

830 participants at the start of plan year 2022.

Who manages the Upgrade, Inc 401(k) accounts?

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

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