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

Festo Corporation 401(k) Plan Facts

Plan name
FESTO CORPORATION 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FESTO CORPORATION
Participants
1,233 (990 active employees)
Former employees with a balance
265
Plan assets
$171,063,502 at Dec 31, 2024
Average account balance
$156,365 across 1,094 accounts
Employer contributions
$3,017,572 in plan year 2024 (25% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1984
✓ 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 Sep 18, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $12.0 million went into the plan in contributions, $3.02 million of it from the employer (25%).
  • $11.8 million was paid out to participants.
  • Investment and other income added $24.6 million.
  • Administrative expenses were $97,763, about $89 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,013$93.3 million$2.14 million$4.39 million
2020962$115.7 million$2.24 million$6.97 million
20211,072$140.4 million$2.57 million$5.66 million
20221,111$119.0 million$2.76 million$7.22 million
20231,107$146.3 million$2.98 million$10.2 million
20241,233$171.1 million$3.02 million$11.8 million

Festo Corporation 401(k) Contact Information

Phone
631-404-3144
Mailing address
1377 MOTOR PARKWAY SUITE 310, ISLANDIA NY 11749
Plan sponsor
FESTO CORPORATION
Employer identification number (EIN)
11-2270659
Plan number
002

Questions about the Festo Corporation 401(k)

Does Festo Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.02 million, 25% of all contributions.

Does the Festo Corporation 401(k) have automatic enrollment?

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

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

1,233 participants at the start of plan year 2024, 990 of them active employees, and 265 former employees who still had money in the plan.

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

About $156,365 per account: $171.1 million in plan assets across 1,094 accounts with a balance at the end of plan year 2024.

Who manages the Festo Corporation 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Festo Corporation. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits 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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