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

Fonar Corporation 401(k) Plan Facts

Plan name
FONAR CORPORATION 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FONAR CORPORATION
Participants
855 (582 active employees)
Former employees with a balance
274
Plan assets
$50,138,730 at Dec 31, 2024
Average account balance
$83,704 across 599 accounts
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 1, 1991
✓ 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 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.02 million went into the plan in contributions.
  • $954,559 was paid out to participants.
  • Investment and other income added $6.57 million.
  • Administrative expenses were $6,835, about $11 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019952$32.3 million—$902,494
2020930$37.4 million$30,000$925,017
2021932$42.7 million—$1.51 million
2022996$36.8 million$36,523$1.40 million
2023795$42.5 million$0$2.36 million
2024855$50.1 million—$954,559

Fonar Corporation 401(k) Contact Information

Phone
631-694-2929
Mailing address
110 MARCUS DRIVE, MELVILLE NY 11747
Plan sponsor
FONAR CORPORATION
Employer identification number (EIN)
11-2464137
Plan number
001

Questions about the Fonar Corporation 401(k)

Does Fonar Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

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

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

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

855 participants at the start of plan year 2024, 582 of them active employees, and 274 former employees who still had money in the plan.

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

About $83,704 per account: $50.1 million in plan assets across 599 accounts with a balance at the end of plan year 2024.

Who manages the Fonar Corporation 401(k) accounts?

Voya Financial is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Voya Financial 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: 1900 AVERILL RD, GENEVA, IL, 601341601
Headquarter: 1720 BIG LAKE ROAD, CLOQUET, MN, 55720
Headquarter: 1700 K ST NW, WASHINGTON, DC, 20006
Headquarter: 814 PITTSBURGH MCKEESPORT BLVD., WEST MIFFLIN, PA, 151220079
Headquarter: 5885 MEADOWS ROAD SUITE 620, LAKE OSWEGO, OR, 97035