Vetcor Professional Practices Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2020. 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.

Vetcor Professional Practices Llc 401(k) Plan Facts (plan year 2020)

Plan name
PMC CORPORATION EMPLOYEES' PROFIT SHARING AND 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PMC CORPORATION · formerly Vetcor Professional Practices Llc
Participants
144 (62 active employees)
Former employees with a balance
82
Plan assets
$1,626,638 at Dec 31, 2020
Average account balance
$11,536 across 141 accounts
Employer contributions
$18,675 in plan year 2020 (16% of all contributions)
Recordkeeper
Ascensus Llc
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Jan 1, 1994
✓ 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 2020 (Jan 1, 2020 – Dec 31, 2020), filed Oct 12, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $114,407 went into the plan in contributions, $18,675 of it from the employer (16%).
  • $458,999 was paid out to participants.
  • Investment and other income added $172,554.
  • Administrative expenses were $5,340, about $38 per account.

How the Vetcor Professional Practices Llc 401(k) changed, 2012–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20121,048$14.1 million$494,318$1.43 million
2020144$1.63 million$18,675$458,999

Vetcor Professional Practices Llc 401(k) Contact Information

Phone
864-938-9117
Mailing address
100 BAILEY PLANT ROAD, CLINTON SC 29325
Plan sponsor
PMC CORPORATION
Employer identification number (EIN)
43-1947695
Plan number
001

Questions about the Vetcor Professional Practices Llc 401(k)

Is the Vetcor Professional Practices Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2020, and no later filing was found under this employer's EIN.

Does Vetcor Professional Practices Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $18,675, 16% of all contributions.

Does the Vetcor Professional Practices Llc 401(k) have automatic enrollment?

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

How many people are in the Vetcor Professional Practices Llc 401(k) plan?

144 participants at the start of plan year 2020, 62 of them active employees, and 82 former employees who still had money in the plan.

What is the average 401(k) balance at Vetcor Professional Practices Llc?

About $11,536 per account: $1.63 million in plan assets across 141 accounts with a balance at the end of plan year 2020.

Who manages the Vetcor Professional Practices Llc 401(k) accounts?

Ascensus (listed on the filing as ASCENSUS LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

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