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

Claypool Electric, Inc. 401(k) Plan Facts

Plan name
CLAYPOOL ELECTRIC, INC SAVINGS INCENTIVE PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CLAYPOOL ELECTRIC, INC
Participants
367 (263 active employees)
Former employees with a balance
63
Plan assets
$41,616,962 at Dec 31, 2024
Average account balance
$128,052 across 325 accounts
Employer contributions
$2,590,000 in plan year 2024 (71% of all contributions)
Recordkeeper
Park National Bank
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1988
✓ 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 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.64 million went into the plan in contributions, $2.59 million of it from the employer (71%).
  • $1.02 million was paid out to participants.
  • Investment and other income added $4.95 million.
  • Administrative expenses were $40,538, about $125 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019262$22.1 million$1.47 million$681,244
2020273$26.4 million$1.90 million$1.00 million
2021283$32.4 million$1.78 million$524,243
2022321$27.3 million$1.30 million$2.30 million
2023329$34.1 million$2.67 million$1.67 million
2024367$41.6 million$2.59 million$1.02 million

Claypool Electric, Inc. 401(k) Contact Information

Phone
740-653-5683
Mailing address
1275 LANCASTER-KIRKERSVILLE RD, LANCASTER OH 43130
Plan sponsor
CLAYPOOL ELECTRIC, INC
Employer identification number (EIN)
31-0831061
Plan number
003

Questions about the Claypool Electric, Inc. 401(k)

Does Claypool Electric, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.59 million, 71% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

367 participants at the start of plan year 2024, 263 of them active employees, and 63 former employees who still had money in the plan.

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

About $128,052 per account: $41.6 million in plan assets across 325 accounts with a balance at the end of plan year 2024.

Who manages the Claypool Electric, Inc 401(k) accounts?

PARK NATIONAL BANK is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Claypool Electric, Inc. How do I access my 401(k)?

Your account stays with PARK NATIONAL BANK 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.

Related Companies
Headquarter: 7435 VALJEAN AVE, VAN NUYS, CA, 91406
Headquarter: 5000 CLAYTON ROAD, MARYVILLE, TN, 37804
Headquarter: 5301 STEVENS CREEK BLVD, SANTA CLARA, CA, 95051
Headquarter: GLOBAL PENSIONS B-03-22 200 BERKELEY STREET, BOSTON, MA, 02116
Headquarter: 500 OLD DOMINION WAY, THOMASVILLE, NC, 273608683