Andersen Construction Co. Inc. 401(k) Plan: Login, Facts & Contact Information

Andersen Construction Co. Inc. 401(k) Plan Facts

Plan name
SHOESTRING VALLEY HOLDINGS RETIREMENT PLAN
Plan type
401(k) and profit sharing
Plan sponsor
SHOESTRING VALLEY HOLDINGS INC. · formerly Andersen Construction Co. Inc.
Participants
490 (416 active employees)
Former employees with a balance
78
Plan assets
$101,340,960 at Dec 31, 2024
Average account balance
$217,938 across 465 accounts
Employer contributions
$5,217,153 in plan year 2024 (59% of all contributions)
Recordkeeper
John Hancock Life Insurance Co.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Feb 1, 1959
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 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $8.92 million went into the plan in contributions, $5.22 million of it from the employer (59%).
  • $9.16 million was paid out to participants.
  • Investment and other income added $10.5 million.
  • Administrative expenses were $490,754, about $1,055 per account.

How the Andersen Construction Co. Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019407$63.2 million$4.66 million$1.94 million
2020411$71.8 million$4.99 million$5.73 million
2021397$83.2 million$5.22 million$5.85 million
2022413$77.0 million$5.48 million$2.22 million
2023452$91.6 million$4.59 million$5.93 million
2024490$101.3 million$5.22 million$9.16 million

Andersen Construction Co. Inc. 401(k) Contact Information

Phone
503-283-6712
Mailing address
6712 N. CUTTER CIRCLE, PORTLAND OR 97217
Plan sponsor
SHOESTRING VALLEY HOLDINGS INC.
Employer identification number (EIN)
93-0422424
Plan number
001

Questions about the Andersen Construction Co. Inc. 401(k)

Does Andersen Construction Co. Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $5.22 million in employer contributions for plan year 2024.

Does the Andersen Construction Co. Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Andersen Construction Co. Inc 401(k) plan?

490 participants at the start of plan year 2024, 416 of them active employees, and 78 former employees who still had money in the plan.

What is the average 401(k) balance at Andersen Construction Co. Inc?

About $217,938 per account: $101.3 million in plan assets across 465 accounts with a balance at the end of plan year 2024.

Who manages the Andersen Construction Co. Inc 401(k) accounts?

John Hancock (listed on the filing as JOHN HANCOCK LIFE INSURANCE CO.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Andersen Construction Co. Inc. 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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