Wayne Automatic Fire Sprinklers Inc. 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.

Wayne Automatic Fire Sprinklers Inc. 401(k) Plan Facts (plan year 2020)

Plan name
WAYNE AUTOMATIC FIRE SPRINKLERS, INC. 401(K) PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WAYNE AUTOMATIC FIRE SPRINKLERS INC.
Participants
819 (636 active employees)
Former employees with a balance
128
Plan assets
$65,414,473 at Dec 31, 2020
Average account balance
$86,072 across 760 accounts
Employer contributions
$2,172,653 in plan year 2020 (42% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Jan 1, 1979
✓ 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 6, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $5.24 million went into the plan in contributions, $2.17 million of it from the employer (42%).
  • $1.80 million was paid out to participants.
  • Investment and other income added $7.96 million.
  • Administrative expenses were $68,609, about $90 per account.

How the Wayne Automatic Fire Sprinklers Inc. 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2015591$31.8 million$1.09 million$2.12 million
2016629$35.6 million$1.50 million$1.39 million
2017689$43.3 million$1.60 million$1.76 million
2018709$42.7 million$1.81 million$2.23 million
2019736$54.1 million$2.03 million$2.46 million
2020819$65.4 million$2.17 million$1.80 million

Wayne Automatic Fire Sprinklers Inc. 401(k) Contact Information

Phone
407-877-5519
Mailing address
222 CAPITOL CT, OCOEE FL 347613019
Plan sponsor
WAYNE AUTOMATIC FIRE SPRINKLERS INC.
Employer identification number (EIN)
59-1824363
Plan number
002

Questions about the Wayne Automatic Fire Sprinklers Inc. 401(k)

Is the Wayne Automatic Fire Sprinklers Inc 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 Wayne Automatic Fire Sprinklers Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $2.17 million, 42% of all contributions.

Does the Wayne Automatic Fire Sprinklers Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Wayne Automatic Fire Sprinklers Inc 401(k) plan?

819 participants at the start of plan year 2020, 636 of them active employees, and 128 former employees who still had money in the plan.

What is the average 401(k) balance at Wayne Automatic Fire Sprinklers Inc?

About $86,072 per account: $65.4 million in plan assets across 760 accounts with a balance at the end of plan year 2020.

Who manages the Wayne Automatic Fire Sprinklers Inc 401(k) accounts?

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

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