Farwest Steel Corporation 401(k) Plan: Login, Facts & Contact Information

Farwest Steel Corporation 401(k) Plan Facts

Plan name
FARWEST STEEL CORPORATION AND AFFILIATED COMPANIES 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FARWEST STEEL CORPORATION
Participants
867 (648 active employees)
Former employees with a balance
185
Plan assets
$47,913,431 at Dec 31, 2024
Average account balance
$58,646 across 817 accounts
Employer contributions
$1,258,874 in plan year 2024 (29% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1989
✓ 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 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $4.29 million went into the plan in contributions, $1.26 million of it from the employer (29%).
  • $4.16 million was paid out to participants.
  • Investment and other income added $5.51 million.
  • Administrative expenses were $130,066, about $159 per account.

How the Farwest Steel Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019988$35.9 million$932,435$3.75 million
20201,054$40.5 million$924,592$2.85 million
2021935$45.4 million$967,088$3.47 million
20221,041$36.6 million$1.17 million$6.01 million
20231,120$42.4 million$1.16 million$3.91 million
2024867$47.9 million$1.26 million$4.16 million

Farwest Steel Corporation 401(k) Contact Information

Phone
800-452-5091
Mailing address
2000 HENDERSON AVENUE, EUGENE OR 97403
Plan sponsor
FARWEST STEEL CORPORATION
Employer identification number (EIN)
93-0588199
Plan number
002

Questions about the Farwest Steel Corporation 401(k)

Does Farwest Steel Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.26 million, 29% of all contributions.

Does the Farwest Steel Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Farwest Steel Corporation 401(k) plan?

867 participants at the start of plan year 2024, 648 of them active employees, and 185 former employees who still had money in the plan.

What is the average 401(k) balance at Farwest Steel Corporation?

About $58,646 per account: $47.9 million in plan assets across 817 accounts with a balance at the end of plan year 2024.

Who manages the Farwest Steel Corporation 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 Farwest Steel Corporation. 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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