Cherry Painting Company, Inc. 401(k) Plan: Login, Facts & Contact Information

Cherry Painting Company, Inc. 401(k) Plan Facts

Plan name
CHERRY PAINTING COMPANY 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CHERRY PAINTING, LLC
Participants
1,030 (995 active employees)
Former employees with a balance
48
Plan assets
$2,474,769 at Dec 31, 2024
Average account balance
$9,860 across 251 accounts
Recordkeeper
John Hancock Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2017
✓ 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 Sep 5, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $491,055 went into the plan in contributions.
  • $173,939 was paid out to participants.
  • Investment and other income added $288,870.
  • Administrative expenses were $24,515, about $98 per account.

How the Cherry Painting Company, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019251$822,532$239,500$10,190
2020326$1.39 million$395,006$80,648
2021425$1.63 million$-1,941$114,728
2022685$1.48 million—$131,320
2023773$1.92 million$-215$204,142
20241,030$2.47 million—$173,939

Cherry Painting Company, Inc. 401(k) Contact Information

Phone
972-242-4287
Mailing address
3116 KELLWAY DRIVE SUITE 110, CARROLLTON TX 75006
Plan sponsor
CHERRY PAINTING, LLC
Employer identification number (EIN)
75-2490105
Plan number
001

Questions about the Cherry Painting Company, Inc. 401(k)

Does Cherry Painting Company, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Cherry Painting Company, Inc 401(k) have automatic enrollment?

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

How many people are in the Cherry Painting Company, Inc 401(k) plan?

1,030 participants at the start of plan year 2024, 995 of them active employees, and 48 former employees who still had money in the plan.

What is the average 401(k) balance at Cherry Painting Company, Inc?

About $9,860 per account: $2.47 million in plan assets across 251 accounts with a balance at the end of plan year 2024.

Who manages the Cherry Painting Company, Inc 401(k) accounts?

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

I no longer work at Cherry Painting Company, Inc. How do I access my 401(k)?

Your account stays with John Hancock 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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