Cutters Wireline Service, Inc. 401(k) Plan: Login, Facts & Contact Information

Cutters Wireline Service, Inc. 401(k) Plan Facts

Plan name
WIRELINE GROUP 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
THE WIRELINE GROUP, INC.
Participants
405 (250 active employees)
Former employees with a balance
57
Plan assets
$10,734,613 at Dec 31, 2024
Average account balance
$53,943 across 199 accounts
Employer contributions
$305,398 in plan year 2024 (18% of all contributions)
Recordkeeper
Transamerica Retirement Solutions
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 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 Sep 30, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.72 million went into the plan in contributions, $305,398 of it from the employer (18%).
  • $2.22 million was paid out to participants.
  • Investment and other income added $1.53 million.
  • Administrative expenses were $80,237, about $403 per account.

How the Cutters Wireline Service, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019 (final)263$0$0$12,289
2020564$10.1 million$371,542$1.68 million
2021450$9.56 million$323,386$3.28 million
2022324$8.13 million$202,007$617,453
2023383$9.79 million$289,380$1.06 million
2024405$10.7 million$305,398$2.22 million

Cutters Wireline Service, Inc. 401(k) Contact Information

Phone
435-789-5556
Mailing address
PO BOX 60018, MIDLAND TX 79711
Plan sponsor
THE WIRELINE GROUP, INC.
Employer identification number (EIN)
87-0467486
Plan number
001

Questions about the Cutters Wireline Service, Inc. 401(k)

Does Cutters Wireline Service, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $305,398, 18% of all contributions.

Does the Cutters Wireline Service, Inc 401(k) have automatic enrollment?

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

How many people are in the Cutters Wireline Service, Inc 401(k) plan?

405 participants at the start of plan year 2024, 250 of them active employees, and 57 former employees who still had money in the plan.

What is the average 401(k) balance at Cutters Wireline Service, Inc?

About $53,943 per account: $10.7 million in plan assets across 199 accounts with a balance at the end of plan year 2024.

Who manages the Cutters Wireline Service, Inc 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA RETIREMENT SOLUTIONS) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Cutters Wireline Service, Inc. How do I access my 401(k)?

Your account stays with Transamerica 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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