Austin Powder Company 401(k) Plan: Login, Facts & Contact Information

Austin Powder Company 401(k) Plan Facts

Plan name
AUSTIN POWDER 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
AUSTIN POWDER COMPANY
Participants
1,565 (1,231 active employees)
Former employees with a balance
258
Plan assets
$137,448,713 at Dec 31, 2024
Average account balance
$92,934 across 1,479 accounts
Employer contributions
$3,245,532 in plan year 2024 (28% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1998
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 20, 2026. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $11.8 million went into the plan in contributions, $3.25 million of it from the employer (28%).
  • $20.5 million was paid out to participants.
  • Investment and other income added $14.1 million.
  • Administrative expenses were $229,237, about $155 per account.

How the Austin Powder Company 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,598$119.0 million$2.75 million$9.33 million
20201,575$128.3 million$2.71 million$14.9 million
20211,448$144.3 million$2.87 million$9.17 million
20221,553$121.3 million$2.93 million$13.4 million
20231,558$132.2 million$3.04 million$17.6 million
20241,565$137.4 million$3.25 million$20.5 million

Austin Powder Company 401(k) Contact Information

Phone
216-839-5428
Mailing address
25800 SCIENCE PARK DRIVE, CLEVELAND OH 44122
Plan sponsor
AUSTIN POWDER COMPANY
Employer identification number (EIN)
34-0077750
Plan number
012

Questions about the Austin Powder Company 401(k)

Does Austin Powder Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.25 million, 28% of all contributions.

Does the Austin Powder Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Austin Powder Company 401(k) plan?

1,565 participants at the start of plan year 2024, 1,231 of them active employees, and 258 former employees who still had money in the plan.

What is the average 401(k) balance at Austin Powder Company?

About $92,934 per account: $137.4 million in plan assets across 1,479 accounts with a balance at the end of plan year 2024.

Who manages the Austin Powder Company 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 Austin Powder Company. 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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