Board Directors Of Profit Sharing & 401(k) Retirement Plan Local 567 401(k) Plan: Login, Facts & Contact Information

Board Directors Of Profit Sharing & 401(k) Retirement Plan Local 567 401(k) Plan Facts

Plan name
PROFIT SHARING & 401(K) RETIREMENT PLAN LOCAL 567
Plan type
401(k) and profit sharing
Plan sponsor
BOARD DIRECTORS OF PROFIT SHARING & 401(K) RETIREMENT PLAN LOCAL 567
Participants
521 (460 active employees)
Former employees with a balance
2
Plan assets
$72,509,072 at Mar 31, 2025
Average account balance
$134,775 across 538 accounts
Employer contributions
$3,420,546 in plan year 2024 (97% of all contributions)
Recordkeeper
Kimberely Keenan
Plan year
Apr 1, 2024 – Mar 31, 2025
Plan established
Jun 1, 1981
— 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 (Apr 1, 2024 – Mar 31, 2025), filed Jan 13, 2026. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.51 million went into the plan in contributions, $3.42 million of it from the employer (97%).
  • $6.06 million was paid out to participants.
  • Investment and other income added $5.36 million.
  • Administrative expenses were $278,916, about $518 per account.

How the Board Directors Of Profit Sharing & 401(k) Retirement Plan Local 567 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019343$46.3 million$1.81 million$3.73 million
2020701$64.1 million$1.80 million$3.04 million
2021699$64.1 million$2.41 million$5.46 million
2022678$59.0 million$2.40 million$3.42 million
2023476$70.0 million$3.10 million$4.17 million
2024521$72.5 million$3.42 million$6.06 million

Board Directors Of Profit Sharing & 401(k) Retirement Plan Local 567 401(k) Contact Information

Phone
207-786-9770
Mailing address
238 GODDARD ROAD, LEWISTON ME 042401000
Plan sponsor
BOARD DIRECTORS OF PROFIT SHARING & 401(K) RETIREMENT PLAN LOCAL 567
Employer identification number (EIN)
01-0439781
Plan number
002

Questions about the Board Directors Of Profit Sharing & 401(k) Retirement Plan Local 567 401(k)

Does Board Directors Of Profit Sharing & 401(k) Retirement Plan Local 567 contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $3.42 million in employer contributions for plan year 2024.

Does the Board Directors Of Profit Sharing & 401(k) Retirement Plan Local 567 401(k) have automatic enrollment?

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

How many people are in the Board Directors Of Profit Sharing & 401(k) Retirement Plan Local 567 401(k) plan?

521 participants at the start of plan year 2024, 460 of them active employees, and 2 former employees who still had money in the plan.

What is the average 401(k) balance at Board Directors Of Profit Sharing & 401(k) Retirement Plan Local 567?

About $134,775 per account: $72.5 million in plan assets across 538 accounts with a balance at the end of plan year 2024.

Who manages the Board Directors Of Profit Sharing & 401(k) Retirement Plan Local 567 401(k) accounts?

Empower (listed on the filing as KIMBERELY KEENAN) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Board Directors Of Profit Sharing & 401(k) Retirement Plan Local 567. 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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