Chip Ganassi Racing Teams, Inc. 401(k) Plan: Login, Facts & Contact Information

Chip Ganassi Racing Teams, Inc. 401(k) Plan Facts

Plan name
CHIP GANASSI RACING TEAMS INC RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CHIP GANASSI RACING, LLC
Participants
267 (159 active employees)
Former employees with a balance
77
Plan assets
$23,209,205 at Dec 31, 2024
Average account balance
$102,243 across 227 accounts
Employer contributions
$146,072 in plan year 2024 (10% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Feb 1, 1983
✓ 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 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.49 million went into the plan in contributions, $146,072 of it from the employer (10%).
  • $2.52 million was paid out to participants.
  • Investment and other income added $2.97 million.
  • Administrative expenses were $87,511, about $386 per account.

How the Chip Ganassi Racing Teams, Inc. 401(k) changed, 2009–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009346$4.82 million$154,099$510,077
2010169$5.47 million$58,374$494,020
2011 (final)153$0$59,220$210,408
2022282$19.3 million$143,188$4.32 million
2023277$21.4 million$146,155$2.91 million
2024267$23.2 million$146,072$2.52 million

Chip Ganassi Racing Teams, Inc. 401(k) Contact Information

Phone
317-802-0000
Mailing address
7777 WOODLAND DRIVE, INDIANAPOLIS IN 46278
Plan sponsor
CHIP GANASSI RACING, LLC
Employer identification number (EIN)
38-2318290
Plan number
001

Questions about the Chip Ganassi Racing Teams, Inc. 401(k)

Does Chip Ganassi Racing Teams, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $146,072, 10% of all contributions.

Does the Chip Ganassi Racing Teams, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Chip Ganassi Racing Teams, Inc 401(k) plan?

267 participants at the start of plan year 2024, 159 of them active employees, and 77 former employees who still had money in the plan.

What is the average 401(k) balance at Chip Ganassi Racing Teams, Inc?

About $102,243 per account: $23.2 million in plan assets across 227 accounts with a balance at the end of plan year 2024.

Who manages the Chip Ganassi Racing Teams, Inc 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 Chip Ganassi Racing Teams, Inc. 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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