Derrick Corporation 401(k) Plan: Login, Facts & Contact Information

Derrick Corporation 401(k) Plan Facts

Plan name
DERRICK CORPORATION PROFIT SHARING PLAN
Plan type
401(k) and profit sharing
Plan sponsor
DERRICK CORPORATION
Participants
783 (617 active employees)
Former employees with a balance
187
Plan assets
$95,567,615 at Dec 31, 2024
Average account balance
$122,053 across 783 accounts
Employer contributions
$1,125,000 in plan year 2024 (20% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1964
— 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 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $5.77 million went into the plan in contributions, $1.13 million of it from the employer (20%).
  • $8.17 million was paid out to participants.
  • Investment and other income added $13.9 million.
  • Administrative expenses were $110,889, about $142 per account.

How the Derrick Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019649$75.5 million$800,000$4.82 million
2020694$85.9 million$725,000$6.61 million
2021658$93.2 million$700,000$7.59 million
2022636$73.3 million$910,000$8.03 million
2023700$84.2 million$1.10 million$8.21 million
2024783$95.6 million$1.13 million$8.17 million

Derrick Corporation 401(k) Contact Information

Phone
716-683-9010
Mailing address
590 DUKE ROAD, BUFFALO NY 14225
Plan sponsor
DERRICK CORPORATION
Employer identification number (EIN)
16-0847196
Plan number
001

Questions about the Derrick Corporation 401(k)

Does Derrick Corporation contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $1.13 million in employer contributions for plan year 2024.

Does the Derrick Corporation 401(k) have automatic enrollment?

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

How many people are in the Derrick Corporation 401(k) plan?

783 participants at the start of plan year 2024, 617 of them active employees, and 187 former employees who still had money in the plan.

What is the average 401(k) balance at Derrick Corporation?

About $122,053 per account: $95.6 million in plan assets across 783 accounts with a balance at the end of plan year 2024.

Who manages the Derrick Corporation 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Derrick Corporation. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits 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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