Electro Switch Corp. 401(k) Plan: Login, Facts & Contact Information

Electro Switch Corp. 401(k) Plan Facts

Plan name
THE ELECTRO SWITCH CORP. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ELECTRO SWITCH CORP.
Participants
510 (351 active employees)
Former employees with a balance
101
Plan assets
$63,269,358 at Dec 31, 2024
Average account balance
$134,616 across 470 accounts
Employer contributions
$640,107 in plan year 2024 (24% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1984
✓ 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 Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.63 million went into the plan in contributions, $640,107 of it from the employer (24%).
  • $17.9 million was paid out to participants.
  • Investment and other income added $7.80 million.
  • Administrative expenses were $37,266, about $79 per account.

How the Electro Switch Corp. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019486$55.6 million$1.20 million$1.94 million
2020480$66.7 million$1.25 million$2.13 million
2021470$72.0 million$1.07 million$5.04 million
2022465$64.7 million$1.09 million$4.18 million
2023491$70.8 million$409,959$4.74 million
2024510$63.3 million$640,107$17.9 million

Electro Switch Corp. 401(k) Contact Information

Phone
781-335-1195
Mailing address
775-1 PLEASANT ST., WEYMOUTH MA 021892355
Plan sponsor
ELECTRO SWITCH CORP.
Employer identification number (EIN)
04-2037902
Plan number
002

Questions about the Electro Switch Corp. 401(k)

Does Electro Switch Corp contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $640,107, 24% of all contributions.

Does the Electro Switch Corp 401(k) have automatic enrollment?

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

How many people are in the Electro Switch Corp 401(k) plan?

510 participants at the start of plan year 2024, 351 of them active employees, and 101 former employees who still had money in the plan.

What is the average 401(k) balance at Electro Switch Corp?

About $134,616 per account: $63.3 million in plan assets across 470 accounts with a balance at the end of plan year 2024.

Who manages the Electro Switch Corp 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Electro Switch Corp. How do I access my 401(k)?

Your account stays with Empower 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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