Galen Medical Group Employees 401(k) Plan: Login, Facts & Contact Information
Galen Medical Group Employees 401(k) Login
90 former Galen Medical Group Employees employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Galen Medical Group Employees 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $6.87 million went into the plan in contributions, $2.70 million of it from the employer (39%).
- $7.36 million was paid out to participants.
- Investment and other income added $7.25 million.
- Administrative expenses were $110,695, about $186 per account.
How the Galen Medical Group Employees 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 437 | $41.4 million | $1.81 million | $1.75 million |
| 2020 | 465 | $49.2 million | $1.39 million | $1.90 million |
| 2021 | 510 | $57.9 million | $2.02 million | $3.19 million |
| 2022 | 561 | $48.2 million | $2.25 million | $6.15 million |
| 2023 | 607 | $55.6 million | $2.51 million | $4.78 million |
| 2024 | 679 | $62.2 million | $2.70 million | $7.36 million |
Galen Medical Group Employees 401(k) Contact Information
Questions about the Galen Medical Group Employees 401(k)
Does Galen Medical Group Employees contribute to the 401(k)?
The plan does not report an employer matching arrangement on its Form 5500. It did report $2.70 million in employer contributions for plan year 2024.
Does the Galen Medical Group Employees 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Galen Medical Group Employees 401(k) plan?
679 participants at the start of plan year 2024, 505 of them active employees, and 90 former employees who still had money in the plan.
What is the average 401(k) balance at Galen Medical Group Employees?
About $104,380 per account: $62.2 million in plan assets across 596 accounts with a balance at the end of plan year 2024.
Who manages the Galen Medical Group Employees 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 Galen Medical Group Employees. 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.