Basic Resources, Inc. 401(k) Plan: Login, Facts & Contact Information

Basic Resources, Inc. 401(k) Plan Facts

Plan name
WESTERN REGION RETIREMENT TRUST 401(K) AND REGULAR PROFIT SHARING PLAN
Plan type
401(k) and profit sharing
Plan sponsor
REED FAMILY COMPANIES · formerly Basic Resources, Inc.
Participants
754 (533 active employees)
Former employees with a balance
206
Plan assets
$60,053,093 at Dec 31, 2024
Average account balance
$81,263 across 739 accounts
Employer contributions
$2,983,866 in plan year 2024 (51% of all contributions)
Recordkeeper
Empower Annuity Insurance Of Americ
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1999
— 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 16, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $5.88 million went into the plan in contributions, $2.98 million of it from the employer (51%).
  • $4.31 million was paid out to participants.
  • Investment and other income added $5.14 million.
  • Administrative expenses were $200,567, about $271 per account.

How the Basic Resources, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019734$39.2 million$1.99 million$3.25 million
2020833$44.2 million$2.16 million$3.12 million
2021744$50.9 million$2.35 million$2.77 million
2022719$45.0 million$2.12 million$3.25 million
2023732$53.7 million$2.71 million$3.14 million
2024754$60.1 million$2.98 million$4.31 million

Basic Resources, Inc. 401(k) Contact Information

Phone
209-521-9771
Mailing address
928 12TH STREET SUITE 700, MODESTO CA 95354
Plan sponsor
REED FAMILY COMPANIES
Plan administrator
PENTEGRA SERVICES, INC.
Employer identification number (EIN)
94-2208599
Plan number
006

Questions about the Basic Resources, Inc. 401(k)

Does Basic Resources, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $2.98 million in employer contributions for plan year 2024.

Does the Basic Resources, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Basic Resources, Inc 401(k) plan?

754 participants at the start of plan year 2024, 533 of them active employees, and 206 former employees who still had money in the plan.

What is the average 401(k) balance at Basic Resources, Inc?

About $81,263 per account: $60.1 million in plan assets across 739 accounts with a balance at the end of plan year 2024.

Who manages the Basic Resources, Inc 401(k) accounts?

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

I no longer work at Basic Resources, 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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