Fastenal Company & Subsidiaries 401(k) Plan: Login, Facts & Contact Information

Fastenal Company & Subsidiaries 401(k) Plan Facts

Plan name
FASTENAL COMPANY & SUBSIDIARIES 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
FASTENAL COMPANY & SUBSIDIARIES
Participants
21,059 (17,820 active employees)
Former employees with a balance
3,019
Plan assets
$1,058,811,094 at Dec 31, 2024
Average account balance
$56,224 across 18,832 accounts
Employer contributions
$19,715,874 in plan year 2024 (25% of all contributions)
Recordkeeper
Merrill Lynch, Pierce, Fenner And S
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 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 Jun 6, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $79.3 million went into the plan in contributions, $19.7 million of it from the employer (25%).
  • $66.7 million was paid out to participants.
  • Investment and other income added $127.4 million.
  • Administrative expenses were $560,002, about $30 per account.

How the Fastenal Company & Subsidiaries 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201919,265$538.4 million$12.8 million$25.7 million
202019,751$666.0 million$15.3 million$45.2 million
202118,425$830.7 million$16.4 million$41.6 million
202218,553$710.8 million$20.9 million$39.6 million
202320,207$919.4 million$21.9 million$45.9 million
202421,059$1.06 billion$19.7 million$66.7 million

Fastenal Company & Subsidiaries 401(k) Contact Information

Phone
507-453-8760
Mailing address
2001 THEURER BOULEVARD, WINONA MN 55987
Plan sponsor
FASTENAL COMPANY & SUBSIDIARIES
Employer identification number (EIN)
41-0948415
Plan number
001

Questions about the Fastenal Company & Subsidiaries 401(k)

Does Fastenal Company & Subsidiaries contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $19.7 million, 25% of all contributions.

Does the Fastenal Company & Subsidiaries 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Fastenal Company & Subsidiaries 401(k) plan?

21,059 participants at the start of plan year 2024, 17,820 of them active employees, and 3,019 former employees who still had money in the plan.

What is the average 401(k) balance at Fastenal Company & Subsidiaries?

About $56,224 per account: $1.06 billion in plan assets across 18,832 accounts with a balance at the end of plan year 2024.

Who manages the Fastenal Company & Subsidiaries 401(k) accounts?

Merrill Benefits OnLine (listed on the filing as MERRILL LYNCH, PIERCE, FENNER AND S) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Fastenal Company & Subsidiaries. How do I access my 401(k)?

Your account stays with Merrill Benefits OnLine 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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