Employment Services, Inc. 401(k) Plan: Login, Facts & Contact Information

Employment Services, Inc. 401(k) Plan Facts

Plan name
EMPLOYMENT SERVICES 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
EMPLOYMENT SERVICES, INC.
Participants
819 (818 active employees)
Former employees with a balance
72
Plan assets
$14,184,935 at Dec 31, 2024
Average account balance
$41,355 across 343 accounts
Employer contributions
$282,564 in plan year 2024 (16% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1998
✓ 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 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.77 million went into the plan in contributions, $282,564 of it from the employer (16%).
  • $1.90 million was paid out to participants.
  • Investment and other income added $1.38 million.
  • Administrative expenses were $119,964, about $350 per account.

How the Employment Services, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019829$9.99 million$264,667$922,917
2020831$13.2 million$325,291$980,719
2021897$14.4 million$358,817$2.43 million
2022826$11.5 million$370,480$1.90 million
2023682$13.1 million$310,323$1.71 million
2024819$14.2 million$282,564$1.90 million

Employment Services, Inc. 401(k) Contact Information

Phone
757-490-3151
Mailing address
4455 SOUTH BOULEVARD, SUITE 410, VIRGINIA BEACH VA 23452
Plan sponsor
EMPLOYMENT SERVICES, INC.
Employer identification number (EIN)
54-1058176
Plan number
001

Questions about the Employment Services, Inc. 401(k)

Does Employment Services, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $282,564, 16% of all contributions.

Does the Employment Services, Inc 401(k) have automatic enrollment?

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

How many people are in the Employment Services, Inc 401(k) plan?

819 participants at the start of plan year 2024, 818 of them active employees, and 72 former employees who still had money in the plan.

What is the average 401(k) balance at Employment Services, Inc?

About $41,355 per account: $14.2 million in plan assets across 343 accounts with a balance at the end of plan year 2024.

Who manages the Employment Services, Inc 401(k) accounts?

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

I no longer work at Employment Services, Inc. How do I access my 401(k)?

Your account stays with Principal 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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