Bearing Distributors, Inc. 401(k) Plan (terminated 2024): Login, Facts & Contact Information

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Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2024. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Bearing Distributors, Inc. 401(k) Plan Facts (plan year 2024)

Plan name
BEARING DISTRIBUTORS, INC. , 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BEARING DISTRIBUTORS, INC.
Participants
86
Plan year
Jan 1, 2024 – Aug 31, 2024
Plan established
Jan 1, 1990
✓ 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-SF for plan year 2024 (Jan 1, 2024 – Aug 31, 2024), filed Sep 9, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.10 million was paid out to participants.

How the Bearing Distributors, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019109$4.28 million$36,489$183,719
2020113$3.52 million$101,899$1.18 million
2021110$3.90 million$66,004$429,163
2022103$3.38 million$70,520$255,105
2023103$2.99 million$57,800$1.06 million
2024 (final)86$0—$3.10 million

Bearing Distributors, Inc. 401(k) Contact Information

Phone
803-799-0834
Mailing address
930 S STADIUM RD, COLUMBIA SC 292014725
Plan sponsor
BEARING DISTRIBUTORS, INC.
Employer identification number (EIN)
57-0278203
Plan number
002

Questions about the Bearing Distributors, Inc. 401(k)

Is the Bearing Distributors, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2024.

Does Bearing Distributors, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Bearing Distributors, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Bearing Distributors, Inc 401(k) plan?

86 participants at the start of plan year 2024.

Who manages the Bearing Distributors, Inc 401(k) accounts?

CPI QUALIFIED PLAN CONSULTANTS, INC is the plan's recordkeeper, which is where participants log in to see their balance.

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