Wood Group Management Services, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2015. 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.

Wood Group Management Services, Inc. 401(k) Plan Facts (plan year 2015)

Plan name
WOOD GROUP 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WOOD GROUP MANAGEMENT SERVICES, INC.
Participants
7,732 (10,922 active employees)
Former employees with a balance
3,648
Plan assets
$853,691,760 at Dec 31, 2015
Average account balance
$78,457 across 10,881 accounts
Employer contributions
$12,040,212 in plan year 2015 (33% of all contributions)
Plan year
Jan 1, 2015 – Dec 31, 2015
Plan established
Jan 1, 1999
✓ 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 2015 (Jan 1, 2015 – Dec 31, 2015), filed Oct 14, 2016. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2015

  • $36.3 million went into the plan in contributions, $12.0 million of it from the employer (33%).
  • $43.9 million was paid out to participants.
  • Investment and other income added $321,693.
  • Administrative expenses were $256,782, about $24 per account.

How the Wood Group Management Services, Inc. 401(k) changed, 2010–2015

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20106,379$223.8 million$13.6 million$20.8 million
20117,485$199.4 million$12.5 million$59.1 million
20126,588$207.8 million$12.1 million$29.7 million
20138,062$262.3 million$14.0 million$29.8 million
20148,051$209.1 million$14.3 million$30.2 million
20157,732$853.7 million$12.0 million$43.9 million

Wood Group Management Services, Inc. 401(k) Contact Information

Phone
281-828-3538
Mailing address
17325 PARK ROW SUITE 500, HOUSTON TX 77084
Plan sponsor
WOOD GROUP MANAGEMENT SERVICES, INC.
Employer identification number (EIN)
76-0556178
Plan number
001

Questions about the Wood Group Management Services, Inc. 401(k)

Is the Wood Group Management Services, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2015, and no later filing was found under this employer's EIN.

Does Wood Group Management Services, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2015 the employer contributed $12.0 million, 33% of all contributions.

Does the Wood Group Management Services, Inc 401(k) have automatic enrollment?

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

How many people are in the Wood Group Management Services, Inc 401(k) plan?

7,732 participants at the start of plan year 2015, 10,922 of them active employees, and 3,648 former employees who still had money in the plan.

What is the average 401(k) balance at Wood Group Management Services, Inc?

About $78,457 per account: $853.7 million in plan assets across 10,881 accounts with a balance at the end of plan year 2015.

Who manages the Wood Group Management Services, Inc 401(k) accounts?

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

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