West Marine Products, Inc. 401(k) Plan (terminated 2021): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2021, when $77.9 million was transferred out of the plan. Assets moved to the AON POOLED EMPLOYER PLAN (sponsored by AON CONSULTING, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

West Marine Products, Inc. 401(k) Plan Facts (plan year 2021)

Plan name
WEST MARINE ASSOCIATES 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WEST MARINE PRODUCTS, INC.
Participants
3,709
Former employees with a balance
0
Employer contributions
$236,867 in plan year 2021 (15% of all contributions)
Recordkeeper
Prudential Retirement Insurance And
Plan year
Jan 1, 2021 – May 28, 2021
Plan established
Jan 1, 1987
✓ 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 2021 (Jan 1, 2021 – May 28, 2021), filed Oct 14, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $1.60 million went into the plan in contributions, $236,867 of it from the employer (15%).
  • $6.41 million was paid out to participants.
  • Investment and other income added $5.54 million.

How the West Marine Products, Inc. 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20163,724$56.1 million$588,859$6.15 million
20173,891$62.9 million$667,084$6.15 million
20183,558$57.4 million$613,639$6.75 million
20193,692$68.7 million$602,919$5.54 million
20202,780$77.3 million$554,852$6.75 million
2021 (final)3,709$0$236,867$6.41 million

West Marine Products, Inc. 401(k) Contact Information

Phone
831-728-2700
Mailing address
500 WESTRIDGE DRIVE, WATSONVILLE CA 95076
Plan sponsor
WEST MARINE PRODUCTS, INC.
Employer identification number (EIN)
94-2374523
Plan number
002

Questions about the West Marine Products, Inc. 401(k)

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

No. The plan's final Form 5500 was filed for plan year 2021. Its assets were transferred to the AON POOLED EMPLOYER PLAN.

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

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $236,867, 15% of all contributions.

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

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

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

3,709 participants at the start of plan year 2021.

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

Empower (listed on the filing as PRUDENTIAL RETIREMENT INSURANCE AND) is the plan's recordkeeper, which is where participants log in to see their balance.

Related Companies
Headquarter: 207 W 2ND ST, WEST LIBERTY, IA, 527761507
Headquarter: 767 FIFTH AVENUE FL 50, NEW YORK, NY, 10153
Headquarter: 12222 MERIT DRIVE SUITE 700, DALLAS, TX, 75251
Headquarter: 1550 MIKE FAHEY STREET, OMAHA, NE, 68102
Headquarter: ONE FRANKLIN PARKWAY, SAN MATEO, CA, 94403