Coway Usa Inc. 401(k) Plan: Login, Facts & Contact Information

Coway Usa Inc. 401(k) Plan Facts

Plan name
COWAY USA INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
COWAY USA INC.
Participants
503 (475 active employees)
Former employees with a balance
32
Plan assets
$7,730,984 at Dec 31, 2024
Average account balance
$26,118 across 296 accounts
Employer contributions
$407,906 in plan year 2024 (21% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 15, 2019
✓ 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 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.96 million went into the plan in contributions, $407,906 of it from the employer (21%).
  • $519,570 was paid out to participants.
  • Investment and other income added $834,978.
  • Administrative expenses were $60,840, about $206 per account.

How the Coway Usa Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019352$277,063$61,723$0
2020354$1.20 million$225,156$23,374
2021399$2.55 million$285,015$90,459
2022415$3.36 million$332,347$170,032
2023445$5.52 million$376,704$166,758
2024503$7.73 million$407,906$519,570

Coway Usa Inc. 401(k) Contact Information

Phone
323-556-8410
Mailing address
4221 WILSHIRE BLVD SUITE 210, LOS ANGELES CA 90010
Plan sponsor
COWAY USA INC.
Plan administrator
SIDE BY SIDE FINANCIALS, INC.
Employer identification number (EIN)
71-1012437
Plan number
001

Questions about the Coway Usa Inc. 401(k)

Does Coway Usa Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $407,906, 21% of all contributions.

Does the Coway Usa Inc 401(k) have automatic enrollment?

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

How many people are in the Coway Usa Inc 401(k) plan?

503 participants at the start of plan year 2024, 475 of them active employees, and 32 former employees who still had money in the plan.

What is the average 401(k) balance at Coway Usa Inc?

About $26,118 per account: $7.73 million in plan assets across 296 accounts with a balance at the end of plan year 2024.

Who manages the Coway Usa 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 Coway Usa 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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