Akg North America, Inc. 401(k) Plan: Login, Facts & Contact Information

Akg North America, Inc. 401(k) Plan Facts

Plan name
AKG NORTH AMERICA, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
AKG NORTH AMERICA, INC.
Participants
831 (509 active employees)
Former employees with a balance
168
Plan assets
$39,077,974 at Dec 31, 2024
Average account balance
$61,930 across 631 accounts
Employer contributions
$1,565,655 in plan year 2024 (37% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1992
✓ 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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $4.25 million went into the plan in contributions, $1.57 million of it from the employer (37%).
  • $4.75 million was paid out to participants.
  • Investment and other income added $4.48 million.
  • Administrative expenses were $162,103, about $257 per account.

How the Akg North America, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019874$31.7 million$1.33 million$1.55 million
2020911$31.9 million$897,512$7.08 million
2021644$35.5 million$1.26 million$3.08 million
2022713$29.5 million$1.53 million$3.53 million
2023776$35.3 million$1.74 million$2.98 million
2024831$39.1 million$1.57 million$4.75 million

Akg North America, Inc. 401(k) Contact Information

Phone
919-304-1310
Mailing address
7315 OAKWOOD STREET EXTENSION, MEBANE NC 27302
Plan sponsor
AKG NORTH AMERICA, INC.
Employer identification number (EIN)
13-3102380
Plan number
001

Questions about the Akg North America, Inc. 401(k)

Does Akg North America, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.57 million, 37% of all contributions.

Does the Akg North America, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Akg North America, Inc 401(k) plan?

831 participants at the start of plan year 2024, 509 of them active employees, and 168 former employees who still had money in the plan.

What is the average 401(k) balance at Akg North America, Inc?

About $61,930 per account: $39.1 million in plan assets across 631 accounts with a balance at the end of plan year 2024.

Who manages the Akg North America, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Akg North America, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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