Cannon & Wendt Electric Co., Inc. 401(k) Plan: Login, Facts & Contact Information
Cannon & Wendt Electric Co., Inc. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2023 filing.
Cannon & Wendt Electric Co., Inc. 401(k) Plan Facts
Source: Form 5500-SF for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 16, 2024. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2023
- $324,858 went into the plan in contributions.
- $209,094 was paid out to participants.
- Investment and other income added $452,197.
How the Cannon & Wendt Electric Co., Inc. 401(k) changed, 2018–2023
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2018 | 348 | $643,009 | $0 | $362,567 |
| 2019 | 224 | $1.05 million | $0 | $173,847 |
| 2020 | 382 | $1.61 million | $0 | $83,770 |
| 2021 | 328 | $2.54 million | — | $475,659 |
| 2022 | 382 | $2.16 million | — | $501,201 |
| 2023 | 420 | $4.26 million | — | $209,094 |
Cannon & Wendt Electric Co., Inc. 401(k) Contact Information
Questions about the Cannon & Wendt Electric Co., Inc. 401(k)
Does Cannon & Wendt Electric Co., Inc contribute to the 401(k)?
The plan does not report an employer matching arrangement on its Form 5500.
Does the Cannon & Wendt Electric Co., Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Cannon & Wendt Electric Co., Inc 401(k) plan?
420 participants at the start of plan year 2023, 414 of them active employees.
What is the average 401(k) balance at Cannon & Wendt Electric Co., Inc?
About $66,592 per account: $4.26 million in plan assets across 64 accounts with a balance at the end of plan year 2023.
Who manages the Cannon & Wendt Electric Co., Inc 401(k) accounts?
Principal is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Cannon & Wendt Electric Co., Inc. How do I access my 401(k)?
Your account stays with Principal 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.