Atlantic Corporation Of Wilmington, Inc. 401(k) Plan: Login, Facts & Contact Information

Atlantic Corporation Of Wilmington, Inc. 401(k) Plan Facts

Plan name
ATLANTIC CORPORATION OF WILMINGTON, INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ATLANTIC CORPORATION OF WILMINGTON, INC.
Participants
1,238 (1,144 active employees)
Former employees with a balance
113
Plan assets
$177,826,824 at Dec 31, 2024
Average account balance
$151,600 across 1,173 accounts
Employer contributions
$5,965,763 in plan year 2024 (40% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1986
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 Jul 30, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $14.9 million went into the plan in contributions, $5.97 million of it from the employer (40%).
  • $15.8 million was paid out to participants.
  • Investment and other income added $19.6 million.
  • Administrative expenses were $296,673, about $253 per account.

How the Atlantic Corporation Of Wilmington, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019915$120.0 million$3.98 million$7.59 million
2020957$130.1 million$5.59 million$15.3 million
20211,011$156.9 million$6.68 million$5.67 million
20221,185$134.3 million$6.76 million$11.4 million
20231,260$159.5 million$5.88 million$10.4 million
20241,238$177.8 million$5.97 million$15.8 million

Atlantic Corporation Of Wilmington, Inc. 401(k) Contact Information

Phone
910-343-0624
Mailing address
806 N 23RD ST, WILMINGTON NC 284051802
Plan sponsor
ATLANTIC CORPORATION OF WILMINGTON, INC.
Employer identification number (EIN)
56-0797402
Plan number
001

Questions about the Atlantic Corporation Of Wilmington, Inc. 401(k)

Does Atlantic Corporation Of Wilmington, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $5.97 million, 40% of all contributions.

Does the Atlantic Corporation Of Wilmington, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Atlantic Corporation Of Wilmington, Inc 401(k) plan?

1,238 participants at the start of plan year 2024, 1,144 of them active employees, and 113 former employees who still had money in the plan.

What is the average 401(k) balance at Atlantic Corporation Of Wilmington, Inc?

About $151,600 per account: $177.8 million in plan assets across 1,173 accounts with a balance at the end of plan year 2024.

Who manages the Atlantic Corporation Of Wilmington, Inc 401(k) accounts?

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

I no longer work at Atlantic Corporation Of Wilmington, Inc. How do I access my 401(k)?

Your account stays with Principal 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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