Essential Baking Company, Inc. 401(k) Plan: Login, Facts & Contact Information

Essential Baking Company, Inc. 401(k) Plan Facts

Plan name
ESSENTIAL BAKING COMPANY, INC. 401(K) PLAN
Plan type
401(k) with employer contributions
Plan sponsor
ESSENTIAL BAKING COMPANY, INC.
Participants
201 (166 active employees)
Former employees with a balance
36
Plan assets
$2,764,063 at Dec 31, 2022
Average account balance
$30,044 across 92 accounts
Employer contributions
$158,309 in plan year 2022 (31% of all contributions)
Recordkeeper
Ascensus Llc
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 1, 2002
✓ 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 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 13, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $515,448 went into the plan in contributions, $158,309 of it from the employer (31%).
  • $109,852 was paid out to participants.
  • Administrative expenses were $16,147, about $176 per account.

How the Essential Baking Company, Inc. 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017265$1.32 million$91,815$291,372
2018277$1.32 million$92,497$211,891
2019228$1.80 million$95,832$77,365
2020221$2.34 million$96,199$8,184
2021231$2.78 million$157,841$323,339
2022201$2.76 million$158,309$109,852

Essential Baking Company, Inc. 401(k) Contact Information

Phone
206-545-3804
Mailing address
PO BOX 80445, SEATTLE WA 98108
Plan sponsor
ESSENTIAL BAKING COMPANY, INC.
Employer identification number (EIN)
91-1615989
Plan number
001

Questions about the Essential Baking Company, Inc. 401(k)

Does Essential Baking Company, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $158,309, 31% of all contributions.

Does the Essential Baking Company, Inc 401(k) have automatic enrollment?

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

How many people are in the Essential Baking Company, Inc 401(k) plan?

201 participants at the start of plan year 2022, 166 of them active employees, and 36 former employees who still had money in the plan.

What is the average 401(k) balance at Essential Baking Company, Inc?

About $30,044 per account: $2.76 million in plan assets across 92 accounts with a balance at the end of plan year 2022.

Who manages the Essential Baking Company, Inc 401(k) accounts?

Ascensus (listed on the filing as ASCENSUS LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Essential Baking Company, Inc. How do I access my 401(k)?

Your account stays with Ascensus 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.

Related Companies
Headquarter: 407 EAST 3RD STREET, DULUTH, MN, 55805
Headquarter: 4455 LBJ FRWY 1080, DALLAS, TX, 75244
Headquarter: C/O BECHTEL RETIREMENT PLANS GROUP 5323 N 99TH AVENUE SUITE 100, GLENDALE, AZ, 85305
Headquarter: 2211 CONGRESS STREET SUITE 180, PORTLAND, ME, 04102
Headquarter: 4101 WASHINGTON AVENUE BUILDING 909-6, NEWPORT NEWS, VA, 23607