Beverly Farm Foundation Inc. 401(k) Plan: Login, Facts & Contact Information

Beverly Farm Foundation Inc. 401(k) Plan Facts

Plan name
BEVERLY FARM FOUNDATION 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BEVERLY FARM FOUNDATION INC.
Participants
300 (241 active employees)
Former employees with a balance
88
Plan assets
$3,225,394 at Dec 31, 2024
Average account balance
$13,328 across 242 accounts
Employer contributions
$120,000 in plan year 2024 (48% of all contributions)
Recordkeeper
Alerus Financial, N.a.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1986
✓ 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 Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $251,340 went into the plan in contributions, $120,000 of it from the employer (48%).
  • $1.23 million was paid out to participants.
  • Investment and other income added $359,313.
  • Administrative expenses were $28,140, about $116 per account.

How the Beverly Farm Foundation Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019260$3.89 million$120,000$435,313
2020300$4.43 million$120,000$384,320
2021363$4.88 million$120,000$423,622
2022332$3.53 million$120,000$792,642
2023315$3.87 million$120,000$430,962
2024300$3.23 million$120,000$1.23 million

Beverly Farm Foundation Inc. 401(k) Contact Information

Phone
618-466-0367
Mailing address
6301 HUMBERT ROAD, GODFREY IL 62035
Plan sponsor
BEVERLY FARM FOUNDATION INC.
Employer identification number (EIN)
37-0765971
Plan number
001

Questions about the Beverly Farm Foundation Inc. 401(k)

Does Beverly Farm Foundation Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $120,000, 48% of all contributions.

Does the Beverly Farm Foundation Inc 401(k) have automatic enrollment?

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

How many people are in the Beverly Farm Foundation Inc 401(k) plan?

300 participants at the start of plan year 2024, 241 of them active employees, and 88 former employees who still had money in the plan.

What is the average 401(k) balance at Beverly Farm Foundation Inc?

About $13,328 per account: $3.23 million in plan assets across 242 accounts with a balance at the end of plan year 2024.

Who manages the Beverly Farm Foundation Inc 401(k) accounts?

Alerus (listed on the filing as ALERUS FINANCIAL, N.A.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Beverly Farm Foundation Inc. How do I access my 401(k)?

Your account stays with Alerus 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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