Ascendum Machinery, Inc. 401(k) Plan: Login, Facts & Contact Information
Ascendum Machinery, Inc. 401(k) Login
156 former Ascendum Machinery, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Ascendum Machinery, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 13, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $2.89 million went into the plan in contributions, $1.06 million of it from the employer (37%).
- $3.10 million was paid out to participants.
- Investment and other income added $3.18 million.
- Administrative expenses were $103,142, about $229 per account.
How the Ascendum Machinery, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 301 | $18.2 million | $600,908 | $1.44 million |
| 2020 | 328 | $20.8 million | $631,012 | $1.59 million |
| 2021 | 334 | $23.4 million | $693,889 | $2.13 million |
| 2022 | 353 | $21.3 million | $949,015 | $2.06 million |
| 2023 | 342 | $23.9 million | $826,686 | $2.96 million |
| 2024 | 397 | $26.8 million | $1.06 million | $3.10 million |
Ascendum Machinery, Inc. 401(k) Contact Information
Questions about the Ascendum Machinery, Inc. 401(k)
Does Ascendum Machinery, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.06 million, 37% of all contributions.
Does the Ascendum Machinery, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Ascendum Machinery, Inc 401(k) plan?
397 participants at the start of plan year 2024, 305 of them active employees, and 156 former employees who still had money in the plan.
What is the average 401(k) balance at Ascendum Machinery, Inc?
About $59,395 per account: $26.8 million in plan assets across 451 accounts with a balance at the end of plan year 2024.
Who manages the Ascendum Machinery, Inc 401(k) accounts?
USI Consulting Group is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Ascendum Machinery, Inc. How do I access my 401(k)?
Your account stays with USI Consulting Group 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.