Bgf Industries, Inc. 401(k) Plan: Login, Facts & Contact Information

Bgf Industries, Inc. 401(k) Plan Facts

Plan name
BGF INDUSTRIES, INC. RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BGF INDUSTRIES, INC.
Participants
643 (494 active employees)
Former employees with a balance
0
Plan assets
$34,251,965 at Dec 31, 2024
Average account balance
$56,803 across 603 accounts
Employer contributions
$1,137,904 in plan year 2024 (38% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Apr 1, 1988
✓ 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

  • $2.97 million went into the plan in contributions, $1.14 million of it from the employer (38%).
  • $5.06 million was paid out to participants.
  • Investment and other income added $3.57 million.
  • Administrative expenses were $140,799, about $233 per account.

How the Bgf Industries, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019781$43.8 million$1.41 million$4.64 million
2020806$36.4 million$1.04 million$14.0 million
2021580$36.4 million$1.06 million$7.45 million
2022625$30.1 million$1.12 million$4.44 million
2023640$32.9 million$1.17 million$4.28 million
2024643$34.3 million$1.14 million$5.06 million

Bgf Industries, Inc. 401(k) Contact Information

Phone
434-857-4400
Mailing address
401 AMHERST AVE, ALTAVISTA VA 24517
Plan sponsor
BGF INDUSTRIES, INC.
Employer identification number (EIN)
56-1600845
Plan number
002

Questions about the Bgf Industries, Inc. 401(k)

Does Bgf Industries, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.14 million, 38% of all contributions.

Does the Bgf Industries, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Bgf Industries, Inc 401(k) plan?

643 participants at the start of plan year 2024, 494 of them active employees.

What is the average 401(k) balance at Bgf Industries, Inc?

About $56,803 per account: $34.3 million in plan assets across 603 accounts with a balance at the end of plan year 2024.

Who manages the Bgf Industries, Inc 401(k) accounts?

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

I no longer work at Bgf Industries, 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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