Galena Associates, Llc 401(k) Plan: Login, Facts & Contact Information

Galena Associates, Llc 401(k) Plan Facts

Plan name
GALENA ASSOCIATES 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GALENA ASSOCIATES, LLC
Participants
964 (1,100 active employees)
Former employees with a balance
184
Plan assets
$15,931,495 at Dec 31, 2024
Average account balance
$13,829 across 1,152 accounts
Employer contributions
$740,287 in plan year 2024 (27% of all contributions)
Recordkeeper
Ascensus Llc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 14, 1996
✓ 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 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.76 million went into the plan in contributions, $740,287 of it from the employer (27%).
  • $1.07 million was paid out to participants.
  • Investment and other income added $1.65 million.
  • Administrative expenses were $85,465, about $74 per account.

How the Galena Associates, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019742$6.20 million$132,191$351,633
2020720$7.89 million$164,726$406,535
2021786$10.3 million$340,082$515,169
2022807$10.3 million$983,385$991,669
2023868$12.8 million$631,743$1.41 million
2024964$15.9 million$740,287$1.07 million

Galena Associates, Llc 401(k) Contact Information

Phone
860-244-9310
Mailing address
8 TWO MILE ROAD, FARMINGTON CT 06032
Plan sponsor
GALENA ASSOCIATES, LLC
Employer identification number (EIN)
04-3326294
Plan number
001

Questions about the Galena Associates, Llc 401(k)

Does Galena Associates, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $740,287, 27% of all contributions.

Does the Galena Associates, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Galena Associates, Llc 401(k) plan?

964 participants at the start of plan year 2024, 1,100 of them active employees, and 184 former employees who still had money in the plan.

What is the average 401(k) balance at Galena Associates, Llc?

About $13,829 per account: $15.9 million in plan assets across 1,152 accounts with a balance at the end of plan year 2024.

Who manages the Galena Associates, Llc 401(k) accounts?

Ascensus (listed on the filing as ASCENSUS LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Galena Associates, Llc. How do I access my 401(k)?

Your account stays with Ascensus 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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