Cretex Companies, Inc. 401(k) Plan: Login, Facts & Contact Information

Cretex Companies, Inc. 401(k) Plan Facts

Plan name
CRETEX COMPANIES, INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CRETEX COMPANIES, INC.
Participants
3,256 (2,163 active employees)
Former employees with a balance
677
Plan assets
$271,626,093 at Dec 31, 2024
Average account balance
$98,558 across 2,756 accounts
Employer contributions
$12,769,950 in plan year 2024 (44% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2018
✓ 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 Jul 28, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $29.3 million went into the plan in contributions, $12.8 million of it from the employer (44%).
  • $34.0 million was paid out to participants.
  • Investment and other income added $28.9 million.
  • Administrative expenses were $198,230, about $72 per account.

How the Cretex Companies, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20192,590$170.2 million$9.80 million$13.7 million
20202,710$197.9 million$9.39 million$14.6 million
20212,745$225.2 million$12.3 million$20.0 million
20223,069$203.3 million$12.9 million$14.8 million
20233,289$247.7 million$17.0 million$20.6 million
20243,256$271.6 million$12.8 million$34.0 million

Cretex Companies, Inc. 401(k) Contact Information

Phone
763-241-8233
Mailing address
311 LOWELL AVE, ELK RIVER MN 553302508
Plan sponsor
CRETEX COMPANIES, INC.
Employer identification number (EIN)
41-0207645
Plan number
005

Questions about the Cretex Companies, Inc. 401(k)

Does Cretex Companies, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $12.8 million, 44% of all contributions.

Does the Cretex Companies, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Cretex Companies, Inc 401(k) plan?

3,256 participants at the start of plan year 2024, 2,163 of them active employees, and 677 former employees who still had money in the plan.

What is the average 401(k) balance at Cretex Companies, Inc?

About $98,558 per account: $271.6 million in plan assets across 2,756 accounts with a balance at the end of plan year 2024.

Who manages the Cretex Companies, 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 Cretex Companies, 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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