Allegacy Federal Credit Union 401(k) Plan: Login, Facts & Contact Information

Allegacy Federal Credit Union 401(k) Plan Facts

Plan name
ALLEGACY RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ALLEGACY FEDERAL CREDIT UNION
Participants
503 (400 active employees)
Former employees with a balance
115
Plan assets
$51,621,182 at Dec 31, 2024
Average account balance
$101,020 across 511 accounts
Employer contributions
$1,145,248 in plan year 2024 (30% of all contributions)
Recordkeeper
John Hancock
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Feb 1, 1997
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 9, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.80 million went into the plan in contributions, $1.15 million of it from the employer (30%).
  • $3.56 million was paid out to participants.
  • Investment and other income added $5.82 million.
  • Administrative expenses were $76,346, about $149 per account.

How the Allegacy Federal Credit Union 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019517$32.0 million$1.01 million$2.22 million
2020517$38.3 million$1.02 million$1.81 million
2021491$43.9 million$1.12 million$2.95 million
2022465$38.0 million$1.07 million$2.24 million
2023485$45.6 million$1.22 million$2.34 million
2024503$51.6 million$1.15 million$3.56 million

Allegacy Federal Credit Union 401(k) Contact Information

Phone
800-782-4670
Mailing address
PO BOX 26043, WINSTON-SALEM NC 27114
Plan sponsor
ALLEGACY FEDERAL CREDIT UNION
Employer identification number (EIN)
56-6087383
Plan number
001

Questions about the Allegacy Federal Credit Union 401(k)

Does Allegacy Federal Credit Union contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.15 million, 30% of all contributions.

Does the Allegacy Federal Credit Union 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Allegacy Federal Credit Union 401(k) plan?

503 participants at the start of plan year 2024, 400 of them active employees, and 115 former employees who still had money in the plan.

What is the average 401(k) balance at Allegacy Federal Credit Union?

About $101,020 per account: $51.6 million in plan assets across 511 accounts with a balance at the end of plan year 2024.

Who manages the Allegacy Federal Credit Union 401(k) accounts?

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

I no longer work at Allegacy Federal Credit Union. How do I access my 401(k)?

Your account stays with John Hancock 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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