Carolina Biological Supply Company 401(k) Plan: Login, Facts & Contact Information

Carolina Biological Supply Company 401(k) Plan Facts

Plan name
CAROLINA BIOLOGICAL SUPPLY COMPANY SAVINGS AND PROFIT SHARING RETIREMENT
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CAROLINA BIOLOGICAL SUPPLY COMPANY
Participants
628 (477 active employees)
Former employees with a balance
129
Plan assets
$52,964,072 at Dec 31, 2024
Average account balance
$88,421 across 599 accounts
Employer contributions
$771,045 in plan year 2024 (24% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jun 1, 1980
✓ 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 6, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.26 million went into the plan in contributions, $771,045 of it from the employer (24%).
  • $2.27 million was paid out to participants.
  • Investment and other income added $7.25 million.
  • Administrative expenses were $185,881, about $310 per account.

How the Carolina Biological Supply Company 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019729$35.2 million$866,656$1.65 million
2020683$37.9 million$565,083$4.11 million
2021593$44.2 million$670,961$1.97 million
2022689$38.9 million$2.30 million$2.74 million
2023642$44.9 million$1.00 million$4.11 million
2024628$53.0 million$771,045$2.27 million

Carolina Biological Supply Company 401(k) Contact Information

Phone
336-538-6255
Mailing address
2700 YORK ROAD, BURLINGTON NC 272153398
Plan sponsor
CAROLINA BIOLOGICAL SUPPLY COMPANY
Employer identification number (EIN)
56-0364367
Plan number
001

Questions about the Carolina Biological Supply Company 401(k)

Does Carolina Biological Supply Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $771,045, 24% of all contributions.

Does the Carolina Biological Supply Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Carolina Biological Supply Company 401(k) plan?

628 participants at the start of plan year 2024, 477 of them active employees, and 129 former employees who still had money in the plan.

What is the average 401(k) balance at Carolina Biological Supply Company?

About $88,421 per account: $53.0 million in plan assets across 599 accounts with a balance at the end of plan year 2024.

Who manages the Carolina Biological Supply Company 401(k) accounts?

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

I no longer work at Carolina Biological Supply Company. 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.

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