Wood Group Psn, Inc. 401(k) Plan (terminated 2015): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2015, when $24.7 million was transferred out of the plan. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

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

Plan name
WOOD GROUP PSN, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WOOD GROUP PSN, INC.
Participants
599
Former employees with a balance
0
Employer contributions
$714,381 in plan year 2015 (37% of all contributions)
Plan year
Jan 1, 2015 – Dec 31, 2015
Plan established
Jan 1, 2003
✓ 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 12, 2016. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2015

  • $1.92 million went into the plan in contributions, $714,381 of it from the employer (37%).
  • $8.34 million was paid out to participants.

How the Wood Group Psn, Inc. 401(k) changed, 2013–2015

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20131,067$32.4 million$1.21 million$12.7 million
2014741$31.2 million$940,358$5.50 million
2015 (final)599$0$714,381$8.34 million

Wood Group Psn, Inc. 401(k) Contact Information

Phone
281-828-3540
Mailing address
17325 PARK ROW SUITE 500, HOUSTON TX 77084
Plan sponsor
WOOD GROUP PSN, INC.
Employer identification number (EIN)
01-0806812
Plan number
001

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

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

No. The plan's final Form 5500 was filed for plan year 2015.

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

Yes. The plan reports an employer contribution arrangement. In plan year 2015 the employer contributed $714,381, 37% of all contributions.

Does the Wood Group Psn, 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 Psn, Inc 401(k) plan?

599 participants at the start of plan year 2015.

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

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

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