Baker Mechanical, Inc. 401(k) Plan: Login, Facts & Contact Information

Baker Mechanical, Inc. 401(k) Plan Facts

Plan name
BAKER GROUP 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN
Plan type
401(k) and profit sharing with a company-stock (ESOP) component
Plan sponsor
BAKER MECHANICAL, INC.
Participants
512 (439 active employees)
Former employees with a balance
111
Plan assets
$277,794,707 at Sep 30, 2025
Average account balance
$524,141 across 530 accounts
Employer contributions
$2,726,313 in plan year 2024 (27% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Oct 1, 2024 – Sep 30, 2025
Plan established
Aug 1, 1989
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 (Oct 1, 2024 – Sep 30, 2025), filed Jul 15, 2026. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $10.2 million went into the plan in contributions, $2.73 million of it from the employer (27%).
  • $2.82 million was paid out to participants.
  • Investment and other income added $158.3 million.
  • Administrative expenses were $132,390, about $250 per account.

How the Baker Mechanical, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019248$26.5 million$0$1.61 million
2020272$36.1 million$675,059$2.11 million
2021346$33.8 million$2.46 million$1.43 million
2022523$59.4 million$2.25 million$3.59 million
2023549$114.5 million$2.48 million$1.79 million
2024512$277.8 million$2.73 million$2.82 million

Baker Mechanical, Inc. 401(k) Contact Information

Phone
515-262-4000
Mailing address
1600 SE CORPORATE WOODS DRIVE, ANKENY IA 500217501
Plan sponsor
BAKER MECHANICAL, INC.
Employer identification number (EIN)
42-0890441
Plan number
001

Questions about the Baker Mechanical, Inc. 401(k)

Does Baker Mechanical, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $2.73 million in employer contributions for plan year 2024.

Does the Baker Mechanical, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Baker Mechanical, Inc 401(k) plan?

512 participants at the start of plan year 2024, 439 of them active employees, and 111 former employees who still had money in the plan.

What is the average 401(k) balance at Baker Mechanical, Inc?

About $524,141 per account: $277.8 million in plan assets across 530 accounts with a balance at the end of plan year 2024.

Who manages the Baker Mechanical, 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 Baker Mechanical, 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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