Community Loans Of America, Inc. 401(k) Plan: Login, Facts & Contact Information

Community Loans Of America, Inc. 401(k) Plan Facts

Plan name
COMMUNITY LOANS OF AMERICA GROUP 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
COMMUNITY LOANS OF AMERICA, INC.
Participants
1,007 (901 active employees)
Former employees with a balance
61
Plan assets
$11,732,096 at Dec 31, 2024
Average account balance
$41,603 across 282 accounts
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 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 Sep 16, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $761,593 went into the plan in contributions.
  • $984,828 was paid out to participants.
  • Investment and other income added $1.08 million.
  • Administrative expenses were $68,972, about $245 per account.

How the Community Loans Of America, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20192,202$9.63 million—$2.19 million
20202,191$11.5 million—$1.02 million
20211,727$12.8 million—$974,913
20221,291$9.82 million—$1.29 million
20231,088$11.0 million—$771,237
20241,007$11.7 million—$984,828

Community Loans Of America, Inc. 401(k) Contact Information

Phone
770-833-1612
Mailing address
8601 DUNWOODY PLACE SUITE 406, ATLANTA GA 30350
Plan sponsor
COMMUNITY LOANS OF AMERICA, INC.
Employer identification number (EIN)
58-2091993
Plan number
001

Questions about the Community Loans Of America, Inc. 401(k)

Does Community Loans Of America, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Community Loans Of America, Inc 401(k) have automatic enrollment?

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

How many people are in the Community Loans Of America, Inc 401(k) plan?

1,007 participants at the start of plan year 2024, 901 of them active employees, and 61 former employees who still had money in the plan.

What is the average 401(k) balance at Community Loans Of America, Inc?

About $41,603 per account: $11.7 million in plan assets across 282 accounts with a balance at the end of plan year 2024.

Who manages the Community Loans Of America, 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 Community Loans Of America, 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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