Ft Precision Inc. 401(k) Plan: Login, Facts & Contact Information

Ft Precision Inc. 401(k) Plan Facts

Plan name
FTP 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FT PRECISION INC.
Participants
248 (172 active employees)
Former employees with a balance
33
Plan assets
$11,053,648 at Mar 31, 2025
Average account balance
$84,379 across 131 accounts
Employer contributions
$167,343 in plan year 2024 (30% of all contributions)
Recordkeeper
Nationwide
Plan year
Apr 1, 2024 – Mar 31, 2025
Plan established
Oct 1, 1997
✓ 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 (Apr 1, 2024 – Mar 31, 2025), filed Dec 31, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $568,066 went into the plan in contributions, $167,343 of it from the employer (30%).
  • $1.46 million was paid out to participants.
  • Investment and other income added $502,049.
  • Administrative expenses were $21,193, about $162 per account.

How the Ft Precision Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019320$8.76 million$225,105$1.29 million
2020309$12.3 million$182,293$962,135
2021300$12.6 million$192,819$871,378
2022300$10.6 million$206,667$1.79 million
2023271$11.5 million$193,472$1.74 million
2024248$11.1 million$167,343$1.46 million

Ft Precision Inc. 401(k) Contact Information

Phone
740-694-1500
Mailing address
9731 MT. GILEAD ROAD, FREDERICKTOWN OH 430199503
Plan sponsor
FT PRECISION INC.
Employer identification number (EIN)
31-1420574
Plan number
001

Questions about the Ft Precision Inc. 401(k)

Does Ft Precision Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $167,343, 30% of all contributions.

Does the Ft Precision Inc 401(k) have automatic enrollment?

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

How many people are in the Ft Precision Inc 401(k) plan?

248 participants at the start of plan year 2024, 172 of them active employees, and 33 former employees who still had money in the plan.

What is the average 401(k) balance at Ft Precision Inc?

About $84,379 per account: $11.1 million in plan assets across 131 accounts with a balance at the end of plan year 2024.

Who manages the Ft Precision Inc 401(k) accounts?

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

I no longer work at Ft Precision Inc. How do I access my 401(k)?

Your account stays with Nationwide 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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