Brady Enterprises, Inc. 401(k) Plan: Login, Facts & Contact Information

Brady Enterprises, Inc. 401(k) Plan Facts

Plan name
BRADY ENTERPRISES, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BRADY ENTERPRISES, INC.
Participants
207 (128 active employees)
Former employees with a balance
60
Plan assets
$4,394,558 at Dec 31, 2022
Average account balance
$24,014 across 183 accounts
Employer contributions
$186,665 in plan year 2022 (22% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 1, 1998
✓ 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 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 15, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $863,753 went into the plan in contributions, $186,665 of it from the employer (22%).
  • $794,697 was paid out to participants.
  • Administrative expenses were $2,000, about $11 per account.

How the Brady Enterprises, Inc. 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017110$2.00 million$171,540$202,876
2018142$2.37 million$155,949$221,622
2019117$3.36 million$202,625$707,621
2020166$3.87 million$148,449$710,374
2021175$5.04 million$192,451$295,357
2022207$4.39 million$186,665$794,697

Brady Enterprises, Inc. 401(k) Contact Information

Phone
781-340-4520
Mailing address
167 MOORE ROAD, EAST WEYMOUTH MA 02189
Plan sponsor
BRADY ENTERPRISES, INC.
Employer identification number (EIN)
04-2378027
Plan number
001

Questions about the Brady Enterprises, Inc. 401(k)

Does Brady Enterprises, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $186,665, 22% of all contributions.

Does the Brady Enterprises, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Brady Enterprises, Inc 401(k) plan?

207 participants at the start of plan year 2022, 128 of them active employees, and 60 former employees who still had money in the plan.

What is the average 401(k) balance at Brady Enterprises, Inc?

About $24,014 per account: $4.39 million in plan assets across 183 accounts with a balance at the end of plan year 2022.

Who manages the Brady Enterprises, Inc 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 Brady Enterprises, Inc. 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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