Albany International Corp. 401(k) Plan: Login, Facts & Contact Information

Albany International Corp. 401(k) Plan Facts

Plan name
ALBANY INTERNATIONAL CORP. PROSPERITY PLUS SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
ALBANY INTERNATIONAL CORP.
Participants
2,948 (2,041 active employees)
Former employees with a balance
918
Plan assets
$481,365,142 at Dec 31, 2024
Average account balance
$160,830 across 2,993 accounts
Employer contributions
$10,743,080 in plan year 2024 (38% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1998
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

  • $28.2 million went into the plan in contributions, $10.7 million of it from the employer (38%).
  • $51.5 million was paid out to participants.
  • Investment and other income added $57.4 million.
  • Administrative expenses were $298,896, about $100 per account.

How the Albany International Corp. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20192,858$384.1 million$10.5 million$31.5 million
20203,020$422.7 million$10.3 million$29.9 million
20212,990$468.2 million$10.9 million$39.7 million
20222,646$398.5 million$11.0 million$36.6 million
20232,792$447.5 million$12.1 million$41.6 million
20242,948$481.4 million$10.7 million$51.5 million

Albany International Corp. 401(k) Contact Information

Phone
518-445-2200
Mailing address
216 AIRPORT DRIVE, ROCHESTER NH 03867
Plan sponsor
ALBANY INTERNATIONAL CORP.
Plan administrator
ALBANY INTERNATIONAL CORP. EMPLOYEE BENEFITS COMMITTEE
Employer identification number (EIN)
14-0462060
Plan number
025

Questions about the Albany International Corp. 401(k)

Does Albany International Corp contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $10.7 million, 38% of all contributions.

Does the Albany International Corp 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Albany International Corp 401(k) plan?

2,948 participants at the start of plan year 2024, 2,041 of them active employees, and 918 former employees who still had money in the plan.

What is the average 401(k) balance at Albany International Corp?

About $160,830 per account: $481.4 million in plan assets across 2,993 accounts with a balance at the end of plan year 2024.

Who manages the Albany International Corp 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Albany International Corp. How do I access my 401(k)?

Your account stays with Vanguard 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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