Wectec Staffing Services Llc 401(k) Plan (terminated 2023): Login, Facts & Contact Information
This plan was terminated. Its final Form 5500 covers plan year 2023, when $6.37 million was transferred out of the plan. Assets moved to the WESTINGHOUSE ELECTRIC COMPANY SAVINGS PLAN (sponsored by WESTINGHOUSE ELECTRIC COMPANY LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.
See the WESTINGHOUSE ELECTRIC COMPANY SAVINGS PLAN →Wectec Staffing Services Llc 401(k) Login
Retirement plan providers can change. This information is from the plan's 2023 filing.
Wectec Staffing Services Llc 401(k) Plan Facts (plan year 2023)
Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Sep 27, 2023), filed Jul 15, 2024. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2023
- $811,961 went into the plan in contributions.
- $1.89 million was paid out to participants.
- Investment and other income added $484,614.
How the Wectec Staffing Services Llc 401(k) changed, 2018–2023
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2018 | 567 | $3.79 million | — | $1.18 million |
| 2019 | 596 | $4.29 million | — | $1.47 million |
| 2020 | 526 | $6.44 million | — | $1.01 million |
| 2021 | 424 | $7.85 million | — | $928,950 |
| 2022 | 622 | $6.99 million | — | $645,334 |
| 2023 (final) | 563 | $0 | — | $1.89 million |
Wectec Staffing Services Llc 401(k) Contact Information
Questions about the Wectec Staffing Services Llc 401(k)
Is the Wectec Staffing Services Llc 401(k) plan still active?
No. The plan's final Form 5500 was filed for plan year 2023. Its assets were transferred to the WESTINGHOUSE ELECTRIC COMPANY SAVINGS PLAN.
Does Wectec Staffing Services Llc contribute to the 401(k)?
The plan does not report an employer matching arrangement on its Form 5500.
Does the Wectec Staffing Services Llc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Wectec Staffing Services Llc 401(k) plan?
563 participants at the start of plan year 2023.
Who manages the Wectec Staffing Services Llc 401(k) accounts?
Empower (listed on the filing as EMPOWER ANNUITY INS. CO. OF AMERICA) is the plan's recordkeeper, which is where participants log in to see their balance.