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

Elitech Group, Inc. 401(k) Plan Facts

Plan name
ELITECH GROUP INC PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ELITECH GROUP, INC.
Participants
247 (167 active employees)
Former employees with a balance
51
Plan assets
$22,897,927 at Dec 31, 2024
Average account balance
$127,921 across 179 accounts
Employer contributions
$500,970 in plan year 2024 (32% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 1, 1985
✓ 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 7, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.58 million went into the plan in contributions, $500,970 of it from the employer (32%).
  • $3.11 million was paid out to participants.
  • Investment and other income added $2.34 million.
  • Administrative expenses were $61,660, about $344 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019180$18.7 million$347,852$1.45 million
2020158$20.8 million$351,071$1.34 million
2021166$20.5 million$294,100$3.45 million
2022207$18.5 million$407,793$621,148
2023233$22.2 million$368,361$666,183
2024247$22.9 million$500,970$3.11 million

Elitech Group, Inc. 401(k) Contact Information

Phone
435-752-6011
Mailing address
370 WEST 1700 SOUTH, LOGAN UT 84321
Plan sponsor
ELITECH GROUP, INC.
Employer identification number (EIN)
87-0284733
Plan number
004

Questions about the Elitech Group, Inc. 401(k)

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

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $500,970, 32% of all contributions.

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

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

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

247 participants at the start of plan year 2024, 167 of them active employees, and 51 former employees who still had money in the plan.

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

About $127,921 per account: $22.9 million in plan assets across 179 accounts with a balance at the end of plan year 2024.

Who manages the Elitech Group, Inc 401(k) accounts?

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

I no longer work at Elitech Group, Inc. 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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