Design Ready Controls, Inc. 401(k) Plan: Login, Facts & Contact Information

Design Ready Controls, Inc. 401(k) Plan Facts

Plan name
DESIGN READY CONTROLS, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
DESIGN READY CONTROLS, INC.
Participants
648 (470 active employees)
Former employees with a balance
87
Plan assets
$15,130,014 at Dec 31, 2024
Average account balance
$28,547 across 530 accounts
Employer contributions
$540,940 in plan year 2024 (21% of all contributions)
Recordkeeper
Transamerica Life Insurance Co
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2008
✓ 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 31, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.54 million went into the plan in contributions, $540,940 of it from the employer (21%).
  • $687,699 was paid out to participants.
  • Investment and other income added $1.60 million.
  • Administrative expenses were $120,839, about $228 per account.

How the Design Ready Controls, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019360$6.32 million$161,168$422,254
2020431$8.12 million$153,116$642,707
2021423$10.1 million$306,403$699,417
2022480$9.18 million$250,242$713,971
2023494$11.8 million$316,207$906,257
2024648$15.1 million$540,940$687,699

Design Ready Controls, Inc. 401(k) Contact Information

Phone
763-235-1352
Mailing address
9325 WINNETKA AVENUE, NORTH, BROOKLYN PARK MN 55445
Plan sponsor
DESIGN READY CONTROLS, INC.
Employer identification number (EIN)
41-1649617
Plan number
001

Questions about the Design Ready Controls, Inc. 401(k)

Does Design Ready Controls, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $540,940, 21% of all contributions.

Does the Design Ready Controls, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Design Ready Controls, Inc 401(k) plan?

648 participants at the start of plan year 2024, 470 of them active employees, and 87 former employees who still had money in the plan.

What is the average 401(k) balance at Design Ready Controls, Inc?

About $28,547 per account: $15.1 million in plan assets across 530 accounts with a balance at the end of plan year 2024.

Who manages the Design Ready Controls, Inc 401(k) accounts?

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

I no longer work at Design Ready Controls, 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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