Channel Control Merchants, Llc 401(k) Plan: Login, Facts & Contact Information

Channel Control Merchants, Llc 401(k) Plan Facts

Plan name
CHANNEL CONTROL MERCHANTS, LLC, 401(K)
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CHANNEL CONTROL MERCHANTS, LLC
Participants
1,458 (24 active employees)
Former employees with a balance
144
Plan assets
$4,534,542 at Dec 31, 2024
Average account balance
$26,991 across 168 accounts
Employer contributions
$194,043 in plan year 2024 (35% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1995
✓ 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 Apr 28, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $547,515 went into the plan in contributions, $194,043 of it from the employer (35%).
  • $2.87 million was paid out to participants.
  • Investment and other income added $587,930.
  • Administrative expenses were $30,501, about $182 per account.

How the Channel Control Merchants, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,790$8.99 million$522,032$1.05 million
20201,712$9.75 million$448,077$1.82 million
20211,881$9.64 million$414,308$2.18 million
20221,986$6.50 million$408,259$3.22 million
20232,078$6.30 million$342,602$2.07 million
20241,458$4.53 million$194,043$2.87 million

Channel Control Merchants, Llc 401(k) Contact Information

Phone
215-680-0780
Mailing address
382 EAGLE DRIVE, JUPITER FL 33477
Plan sponsor
CHANNEL CONTROL MERCHANTS, LLC
Employer identification number (EIN)
20-5053319
Plan number
001

Questions about the Channel Control Merchants, Llc 401(k)

Does Channel Control Merchants, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $194,043, 35% of all contributions.

Does the Channel Control Merchants, Llc 401(k) have automatic enrollment?

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

How many people are in the Channel Control Merchants, Llc 401(k) plan?

1,458 participants at the start of plan year 2024, 24 of them active employees, and 144 former employees who still had money in the plan.

What is the average 401(k) balance at Channel Control Merchants, Llc?

About $26,991 per account: $4.53 million in plan assets across 168 accounts with a balance at the end of plan year 2024.

Who manages the Channel Control Merchants, Llc 401(k) accounts?

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

I no longer work at Channel Control Merchants, 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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