Basler Electric Company 401(k) Plan: Login, Facts & Contact Information

Basler Electric Company 401(k) Plan Facts

Plan name
BASLER ELECTRIC 401K PLAN
Plan type
401(k) with employer contributions
Plan sponsor
BASLER ELECTRIC COMPANY
Participants
386 (283 active employees)
Former employees with a balance
105
Plan assets
$60,173,784 at Dec 31, 2024
Average account balance
$166,226 across 362 accounts
Employer contributions
$698,516 in plan year 2024 (20% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1987
✓ 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 22, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.44 million went into the plan in contributions, $698,516 of it from the employer (20%).
  • $17.2 million was paid out to participants.
  • Investment and other income added $11.8 million.
  • Administrative expenses were $4,873, about $13 per account.

How the Basler Electric Company 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019423$53.8 million$644,933$2.72 million
2020419$64.0 million$664,410$4.38 million
2021426$71.3 million$636,142$6.79 million
2022406$52.5 million$649,557$8.18 million
2023391$62.2 million$654,610$5.02 million
2024386$60.2 million$698,516$17.2 million

Basler Electric Company 401(k) Contact Information

Phone
618-654-2341
Mailing address
12570 ROUTE 143, HIGHLAND IL 62249
Plan sponsor
BASLER ELECTRIC COMPANY
Employer identification number (EIN)
37-0628928
Plan number
003

Questions about the Basler Electric Company 401(k)

Does Basler Electric Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $698,516, 20% of all contributions.

Does the Basler Electric Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Basler Electric Company 401(k) plan?

386 participants at the start of plan year 2024, 283 of them active employees, and 105 former employees who still had money in the plan.

What is the average 401(k) balance at Basler Electric Company?

About $166,226 per account: $60.2 million in plan assets across 362 accounts with a balance at the end of plan year 2024.

Who manages the Basler Electric Company 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Basler Electric Company. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits 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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