Galaxy Systems, Inc. 401(k) Plan: Login, Facts & Contact Information

Galaxy Systems, Inc. 401(k) Plan Facts

Plan name
GALAXY SYSTEMS, INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GALAXY SYSTEMS, INC.
Participants
730 (498 active employees)
Former employees with a balance
191
Plan assets
$31,649,144 at Dec 31, 2024
Average account balance
$52,313 across 605 accounts
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 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 May 20, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.85 million went into the plan in contributions.
  • $5.07 million was paid out to participants.
  • Investment and other income added $4.22 million.
  • Administrative expenses were $148,711, about $246 per account.

How the Galaxy Systems, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019495$19.5 million$370,464$1.09 million
2020489$24.3 million$86,598$1.63 million
2021631$29.4 million—$2.01 million
2022757$25.5 million—$3.16 million
2023881$28.8 million—$5.25 million
2024730$31.6 million—$5.07 million

Galaxy Systems, Inc. 401(k) Contact Information

Phone
732-868-0400
Mailing address
5 HILLTOP RD, MENDHAM NJ 079451263
Plan sponsor
GALAXY SYSTEMS, INC.
Employer identification number (EIN)
13-3583090
Plan number
002

Questions about the Galaxy Systems, Inc. 401(k)

Does Galaxy Systems, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Galaxy Systems, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Galaxy Systems, Inc 401(k) plan?

730 participants at the start of plan year 2024, 498 of them active employees, and 191 former employees who still had money in the plan.

What is the average 401(k) balance at Galaxy Systems, Inc?

About $52,313 per account: $31.6 million in plan assets across 605 accounts with a balance at the end of plan year 2024.

Who manages the Galaxy Systems, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Galaxy Systems, Inc. How do I access my 401(k)?

Your account stays with Principal 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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