Altec Industries, Inc. 401(k) Plan: Login, Facts & Contact Information

Altec Industries, Inc. 401(k) Plan Facts

Plan name
ALTEC, INC. RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ALTEC INDUSTRIES, INC.
Participants
10,741 (10,685 active employees)
Former employees with a balance
1,196
Plan assets
$986,369,149 at Dec 31, 2024
Average account balance
$85,223 across 11,574 accounts
Employer contributions
$32,935,210 in plan year 2024 (37% of all contributions)
Recordkeeper
Merrill Lynch, Pierce, Fenner And S
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1987
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 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $89.2 million went into the plan in contributions, $32.9 million of it from the employer (37%).
  • $58.9 million was paid out to participants.
  • Investment and other income added $128.4 million.
  • Administrative expenses were $129,151, about $11 per account.

How the Altec Industries, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20199,077$563.4 million$23.9 million$27.9 million
202010,016$655.1 million$24.7 million$55.9 million
20219,681$770.2 million$25.9 million$54.1 million
202210,468$666.1 million$27.3 million$51.0 million
202310,513$827.8 million$29.6 million$49.8 million
202410,741$986.4 million$32.9 million$58.9 million

Altec Industries, Inc. 401(k) Contact Information

Phone
205-991-7733
Mailing address
210 INVERNESS CENTER DRIVE, BIRMINGHAM AL 35242
Plan sponsor
ALTEC INDUSTRIES, INC.
Employer identification number (EIN)
63-0362926
Plan number
003

Questions about the Altec Industries, Inc. 401(k)

Does Altec Industries, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $32.9 million, 37% of all contributions.

Does the Altec Industries, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Altec Industries, Inc 401(k) plan?

10,741 participants at the start of plan year 2024, 10,685 of them active employees, and 1,196 former employees who still had money in the plan.

What is the average 401(k) balance at Altec Industries, Inc?

About $85,223 per account: $986.4 million in plan assets across 11,574 accounts with a balance at the end of plan year 2024.

Who manages the Altec Industries, Inc 401(k) accounts?

Merrill Benefits OnLine (listed on the filing as MERRILL LYNCH, PIERCE, FENNER AND S) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Altec Industries, Inc. How do I access my 401(k)?

Your account stays with Merrill Benefits OnLine 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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