Basement Systems, Inc. 401(k) Plan: Login, Facts & Contact Information

Basement Systems, Inc. 401(k) Plan Facts

Plan name
BASEMENT SYSTEMS, INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BASEMENT SYSTEMS, INC.
Participants
534 (457 active employees)
Former employees with a balance
55
Plan assets
$12,838,792 at Dec 31, 2024
Average account balance
$30,569 across 420 accounts
Employer contributions
$357,383 in plan year 2024 (16% of all contributions)
Recordkeeper
Empower Annuity Insurance Co Of Ame
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1996
✓ 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 Sep 11, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.27 million went into the plan in contributions, $357,383 of it from the employer (16%).
  • $688,025 was paid out to participants.
  • Investment and other income added $1.16 million.
  • Administrative expenses were $93,044, about $222 per account.

How the Basement Systems, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019392$5.70 million$149,715$301,463
2020359$6.82 million$178,512$608,661
2021359$8.69 million$984,853$252,835
2022423$8.49 million$280,170$258,229
2023498$10.2 million$272,692$948,806
2024534$12.8 million$357,383$688,025

Basement Systems, Inc. 401(k) Contact Information

Phone
800-640-1500
Mailing address
60 SILVERMINE ROAD, SEYMOUR CT 06483
Plan sponsor
BASEMENT SYSTEMS, INC.
Employer identification number (EIN)
06-1296899
Plan number
001

Questions about the Basement Systems, Inc. 401(k)

Does Basement Systems, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $357,383, 16% of all contributions.

Does the Basement Systems, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Basement Systems, Inc 401(k) plan?

534 participants at the start of plan year 2024, 457 of them active employees, and 55 former employees who still had money in the plan.

What is the average 401(k) balance at Basement Systems, Inc?

About $30,569 per account: $12.8 million in plan assets across 420 accounts with a balance at the end of plan year 2024.

Who manages the Basement Systems, Inc 401(k) accounts?

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

I no longer work at Basement Systems, 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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