Weeks Marine, Inc. 401(k) Plan (terminated 2023): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2023, when $222.6 million was transferred out of the plan. Assets moved to the PETER KIEWIT SONS, INC. RETIREMENT SAVINGS PLAN (sponsored by PETER KIEWIT SONS, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the PETER KIEWIT SONS, INC. RETIREMENT SAVINGS PLAN

Weeks Marine, Inc. 401(k) Plan Facts (plan year 2023)

Plan name
WEEKS GROUP 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WEEKS MARINE, INC.
Participants
1,406
Former employees with a balance
0
Employer contributions
$8,791,802 in plan year 2023 (55% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2023 – Dec 29, 2023
Plan established
Dec 15, 1955
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 2023 (Jan 1, 2023 – Dec 29, 2023), filed Oct 15, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $16.1 million went into the plan in contributions, $8.79 million of it from the employer (55%).
  • $37.5 million was paid out to participants.
  • Investment and other income added $35.2 million.

How the Weeks Marine, Inc. 401(k) changed, 20182023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20181,187$171.6 million$4.89 million$12.9 million
20191,170$209.2 million$7.51 million$14.0 million
20201,257$245.2 million$8.41 million$13.2 million
20211,358$266.0 million$8.89 million$27.5 million
20221,439$209.1 million$9.09 million$28.9 million
2023 (final)1,406$0$8.79 million$37.5 million

Weeks Marine, Inc. 401(k) Contact Information

Phone
908-272-4010
Mailing address
4 COMMERCE DRIVE, CRANFORD NJ 070162497
Plan sponsor
WEEKS MARINE, INC.
Employer identification number (EIN)
13-5475810
Plan number
001

Questions about the Weeks Marine, Inc. 401(k)

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

No. The plan's final Form 5500 was filed for plan year 2023. Its assets were transferred to the PETER KIEWIT SONS, INC. RETIREMENT SAVINGS PLAN.

Does Weeks Marine, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $8.79 million, 55% of all contributions.

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

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

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

1,406 participants at the start of plan year 2023.

Who manages the Weeks Marine, Inc 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

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