Carolina Beverage Group, Llc 401(k) Plan: Login, Facts & Contact Information

Carolina Beverage Group, Llc 401(k) Plan Facts

Plan name
CAROLINA BEVERAGE GROUP LLC 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CAROLINA BEVERAGE GROUP, LLC
Participants
562 (538 active employees)
Former employees with a balance
50
Plan assets
$8,326,688 at Dec 31, 2024
Average account balance
$34,551 across 241 accounts
Employer contributions
$517,760 in plan year 2024 (38% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2004
✓ 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 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.35 million went into the plan in contributions, $517,760 of it from the employer (38%).
  • $868,333 was paid out to participants.
  • Investment and other income added $992,655.
  • Administrative expenses were $48,351, about $201 per account.

How the Carolina Beverage Group, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019463$4.51 million$258,459$841,829
2020475$4.56 million$309,935$1.36 million
2021499$6.05 million$346,395$766,135
2022452$5.48 million$386,466$384,448
2023551$6.90 million$449,219$856,228
2024562$8.33 million$517,760$868,333

Carolina Beverage Group, Llc 401(k) Contact Information

Phone
704-516-4831
Mailing address
110 BARLEY PARK LANE, MOORESVILLE NC 28115
Plan sponsor
CAROLINA BEVERAGE GROUP, LLC
Employer identification number (EIN)
61-1669373
Plan number
001

Questions about the Carolina Beverage Group, Llc 401(k)

Does Carolina Beverage Group, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $517,760, 38% of all contributions.

Does the Carolina Beverage Group, Llc 401(k) have automatic enrollment?

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

How many people are in the Carolina Beverage Group, Llc 401(k) plan?

562 participants at the start of plan year 2024, 538 of them active employees, and 50 former employees who still had money in the plan.

What is the average 401(k) balance at Carolina Beverage Group, Llc?

About $34,551 per account: $8.33 million in plan assets across 241 accounts with a balance at the end of plan year 2024.

Who manages the Carolina Beverage Group, Llc 401(k) accounts?

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

I no longer work at Carolina Beverage Group, Llc. 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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