Eastern Shipbuilding Group, Inc. 401(k) Plan: Login, Facts & Contact Information

Eastern Shipbuilding Group, Inc. 401(k) Plan Facts

Plan name
EASTERN SHIPBUILDING GROUP, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
EASTERN SHIPBUILDING GROUP, INC.
Participants
767 (1,377 active employees)
Former employees with a balance
58
Plan assets
$24,446,510 at Dec 31, 2024
Average account balance
$45,694 across 535 accounts
Employer contributions
$1,509,543 in plan year 2024 (31% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 1, 1996
✓ 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 23, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $4.95 million went into the plan in contributions, $1.51 million of it from the employer (31%).
  • $3.07 million was paid out to participants.
  • Investment and other income added $2.78 million.
  • Administrative expenses were $60,044, about $112 per account.

How the Eastern Shipbuilding Group, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019576$11.9 million$642,688$1.52 million
2020584$14.8 million$736,400$946,241
2021536$16.7 million$890,487$2.34 million
2022761$15.1 million$1.13 million$2.21 million
2023891$19.8 million$1.21 million$1.28 million
2024767$24.4 million$1.51 million$3.07 million

Eastern Shipbuilding Group, Inc. 401(k) Contact Information

Phone
850-763-1900
Mailing address
2200 NELSON STREET, PANAMA CITY FL 32401
Plan sponsor
EASTERN SHIPBUILDING GROUP, INC.
Employer identification number (EIN)
59-3393650
Plan number
001

Questions about the Eastern Shipbuilding Group, Inc. 401(k)

Does Eastern Shipbuilding Group, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.51 million, 31% of all contributions.

Does the Eastern Shipbuilding Group, Inc 401(k) have automatic enrollment?

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

How many people are in the Eastern Shipbuilding Group, Inc 401(k) plan?

767 participants at the start of plan year 2024, 1,377 of them active employees, and 58 former employees who still had money in the plan.

What is the average 401(k) balance at Eastern Shipbuilding Group, Inc?

About $45,694 per account: $24.4 million in plan assets across 535 accounts with a balance at the end of plan year 2024.

Who manages the Eastern Shipbuilding Group, Inc 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 Eastern Shipbuilding Group, Inc. 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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