Global Tungsten & Powders Corp. 401(k) Plan: Login, Facts & Contact Information

Global Tungsten & Powders Corp. 401(k) Plan Facts

Plan name
GTP SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GLOBAL TUNGSTEN & POWDERS LLC
Participants
689 (459 active employees)
Former employees with a balance
212
Plan assets
$98,901,576 at Feb 28, 2025
Average account balance
$148,501 across 666 accounts
Employer contributions
$1,199,561 in plan year 2024 (18% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Mar 1, 2024 – Feb 28, 2025
Plan established
Aug 1, 2008
✓ 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 (Mar 1, 2024 – Feb 28, 2025), filed Nov 21, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $6.65 million went into the plan in contributions, $1.20 million of it from the employer (18%).
  • $9.61 million was paid out to participants.
  • Investment and other income added $10.4 million.
  • Administrative expenses were $217,048, about $326 per account.

How the Global Tungsten & Powders Corp. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019697$84.0 million$861,699$6.24 million
2020683$100.9 million$863,785$4.46 million
2021581$93.7 million$962,621$14.1 million
2022609$85.7 million$1.10 million$5.81 million
2023708$91.3 million$1.21 million$11.5 million
2024689$98.9 million$1.20 million$9.61 million

Global Tungsten & Powders Corp. 401(k) Contact Information

Phone
570-268-5363
Mailing address
1 HAWES ST, TOWANDA PA 188482134
Plan sponsor
GLOBAL TUNGSTEN & POWDERS LLC
Employer identification number (EIN)
77-0720929
Plan number
001

Questions about the Global Tungsten & Powders Corp. 401(k)

Does Global Tungsten & Powders Corp contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.20 million, 18% of all contributions.

Does the Global Tungsten & Powders Corp 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Global Tungsten & Powders Corp 401(k) plan?

689 participants at the start of plan year 2024, 459 of them active employees, and 212 former employees who still had money in the plan.

What is the average 401(k) balance at Global Tungsten & Powders Corp?

About $148,501 per account: $98.9 million in plan assets across 666 accounts with a balance at the end of plan year 2024.

Who manages the Global Tungsten & Powders Corp 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 Global Tungsten & Powders Corp. 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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