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

Astec Industries, Inc. 401(k) Plan Facts

Plan name
ASTEC INDUSTRIES, INC. 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ASTEC INDUSTRIES, INC.
Participants
4,464 (3,173 active employees)
Former employees with a balance
935
Plan assets
$350,069,041 at Dec 31, 2024
Average account balance
$85,591 across 4,090 accounts
Employer contributions
$9,719,095 in plan year 2024 (28% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Mar 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 Aug 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $35.0 million went into the plan in contributions, $9.72 million of it from the employer (28%).
  • $46.2 million was paid out to participants.
  • Investment and other income added $44.2 million.
  • Administrative expenses were $707,997, about $173 per account.

How the Astec Industries, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20194,495$291.6 million$6.46 million$34.5 million
20204,011$293.5 million$6.41 million$57.5 million
20213,790$324.6 million$6.51 million$38.8 million
20224,114$278.4 million$7.34 million$26.5 million
20234,442$317.9 million$7.83 million$35.7 million
20244,464$350.1 million$9.72 million$46.2 million

Astec Industries, Inc. 401(k) Contact Information

Phone
423-553-6724
Mailing address
1725 SHEPHERD ROAD, CHATTANOOGA TN 37421
Plan sponsor
ASTEC INDUSTRIES, INC.
Employer identification number (EIN)
62-0873631
Plan number
001

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

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

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $9.72 million, 28% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

4,464 participants at the start of plan year 2024, 3,173 of them active employees, and 935 former employees who still had money in the plan.

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

About $85,591 per account: $350.1 million in plan assets across 4,090 accounts with a balance at the end of plan year 2024.

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

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Empower 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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