Wepay, Inc. 401(k) Plan (terminated 2018): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2018. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Wepay, Inc. 401(k) Plan Facts (plan year 2018)

Plan name
WEPAY 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WEPAY, INC.
Participants
295
Former employees with a balance
0
Plan year
Jan 1, 2018 – Mar 15, 2018
Plan established
Jan 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 2018 (Jan 1, 2018 – Mar 15, 2018), filed Oct 19, 2018. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2018

  • $5.30 million was paid out to participants.
  • Investment and other income added $138,842.

How the Wepay, Inc. 401(k) changed, 2014–2018

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201450$393,288——
201587$1.11 million—$60,192
2016174$2.77 million—$200,694
2017221$5.18 million$38,800$339,379
2018 (final)295$0—$5.30 million

Wepay, Inc. 401(k) Contact Information

Phone
650-800-3279
Mailing address
350 CONVENTION WAY, SUTE 200, REDWOOD CITY CA 94063
Plan sponsor
WEPAY, INC.
Employer identification number (EIN)
80-0250758
Plan number
001

Questions about the Wepay, Inc. 401(k)

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

No. The plan's final Form 5500 was filed for plan year 2018.

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

Yes. The plan reports an employer contribution arrangement.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

295 participants at the start of plan year 2018.

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

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

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