Channellock, Inc. 401(k) Plan: Login, Facts & Contact Information

Channellock, Inc. 401(k) Plan Facts

Plan name
CHANNELLOCK, INC. 401(K) PLAN FOR BARGAINING UNIT EMPLOYEES
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CHANNELLOCK, INC.
Participants
437 (236 active employees)
Former employees with a balance
208
Plan assets
$13,040,726 at Dec 31, 2024
Average account balance
$30,117 across 433 accounts
Employer contributions
$349,619 in plan year 2024 (37% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
May 1, 2000
✓ 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 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $955,177 went into the plan in contributions, $349,619 of it from the employer (37%).
  • $736,556 was paid out to participants.
  • Investment and other income added $1.55 million.
  • Administrative expenses were $68,884, about $159 per account.

How the Channellock, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019263$9.07 million$316,094$675,730
2020367$10.3 million$297,629$1.17 million
2021335$11.4 million$315,704$1.06 million
2022419$9.75 million$303,954$686,514
2023435$11.5 million$306,604$573,569
2024437$13.0 million$349,619$736,556

Channellock, Inc. 401(k) Contact Information

Phone
814-724-8700
Mailing address
1306 SOUTH MAIN STREET, MEADVILLE PA 16335
Plan sponsor
CHANNELLOCK, INC.
Employer identification number (EIN)
25-0399850
Plan number
005

Questions about the Channellock, Inc. 401(k)

Does Channellock, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $349,619, 37% of all contributions.

Does the Channellock, Inc 401(k) have automatic enrollment?

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

How many people are in the Channellock, Inc 401(k) plan?

437 participants at the start of plan year 2024, 236 of them active employees, and 208 former employees who still had money in the plan.

What is the average 401(k) balance at Channellock, Inc?

About $30,117 per account: $13.0 million in plan assets across 433 accounts with a balance at the end of plan year 2024.

Who manages the Channellock, Inc 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 Channellock, Inc. 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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