Builders Mutual Insurance Company 401(k) Plan: Login, Facts & Contact Information

Builders Mutual Insurance Company 401(k) Plan Facts

Plan name
BUILDERS MUTUAL INSURANCE COMPANY 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BUILDERS MUTUAL INSURANCE CO.
Participants
514 (477 active employees)
Former employees with a balance
73
Plan assets
$73,189,533 at Dec 31, 2024
Average account balance
$132,590 across 552 accounts
Employer contributions
$3,233,184 in plan year 2024 (41% of all contributions)
Recordkeeper
Ascensus Llc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1997
✓ 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 Sep 16, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $7.81 million went into the plan in contributions, $3.23 million of it from the employer (41%).
  • $3.46 million was paid out to participants.
  • Investment and other income added $8.90 million.
  • Administrative expenses were $15,055, about $27 per account.

How the Builders Mutual Insurance Company 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019387$41.6 million$2.00 million$2.48 million
2020402$49.3 million$2.25 million$3.33 million
2021412$58.2 million$2.33 million$3.98 million
2022435$49.4 million$2.59 million$4.63 million
2023494$60.0 million$2.87 million$4.47 million
2024514$73.2 million$3.23 million$3.46 million

Builders Mutual Insurance Company 401(k) Contact Information

Phone
919-227-0512
Mailing address
PO BOX 150005, RALEIGH NC 27624
Plan sponsor
BUILDERS MUTUAL INSURANCE CO.
Employer identification number (EIN)
56-2046050
Plan number
001

Questions about the Builders Mutual Insurance Company 401(k)

Does Builders Mutual Insurance Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.23 million, 41% of all contributions.

Does the Builders Mutual Insurance Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Builders Mutual Insurance Company 401(k) plan?

514 participants at the start of plan year 2024, 477 of them active employees, and 73 former employees who still had money in the plan.

What is the average 401(k) balance at Builders Mutual Insurance Company?

About $132,590 per account: $73.2 million in plan assets across 552 accounts with a balance at the end of plan year 2024.

Who manages the Builders Mutual Insurance Company 401(k) accounts?

Ascensus (listed on the filing as ASCENSUS LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Builders Mutual Insurance Company. How do I access my 401(k)?

Your account stays with Ascensus 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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