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

Cloninger Ford, Inc. 401(k) Plan Facts

Plan name
CLONINGER FORD, INC 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CLONINGER FORD, INC.
Participants
531 (367 active employees)
Former employees with a balance
75
Plan assets
$9,113,187 at Dec 31, 2024
Average account balance
$25,890 across 352 accounts
Employer contributions
$396,693 in plan year 2024 (26% of all contributions)
Recordkeeper
John Hancock
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1994
✓ 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 26, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.52 million went into the plan in contributions, $396,693 of it from the employer (26%).
  • $1.73 million was paid out to participants.
  • Investment and other income added $1.04 million.
  • Administrative expenses were $63,759, about $181 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019304$4.97 million$163,003$310,550
2020343$6.12 million$214,724$214,870
2021335$7.26 million$182,161$422,515
2022436$6.36 million$283,981$623,879
2023465$8.35 million$534,608$615,124
2024531$9.11 million$396,693$1.73 million

Cloninger Ford, Inc. 401(k) Contact Information

Phone
704-633-9321
Mailing address
511 JAKE ALEXANDER BLVD. S P.O. BOX 1788, SALISBURY NC 281451788
Plan sponsor
CLONINGER FORD, INC.
Employer identification number (EIN)
56-1465220
Plan number
001

Questions about the Cloninger Ford, Inc. 401(k)

Does Cloninger Ford, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $396,693, 26% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

531 participants at the start of plan year 2024, 367 of them active employees, and 75 former employees who still had money in the plan.

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

About $25,890 per account: $9.11 million in plan assets across 352 accounts with a balance at the end of plan year 2024.

Who manages the Cloninger Ford, Inc 401(k) accounts?

John Hancock is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Cloninger Ford, 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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