Globe Machine Manufacturing Company 401(k) Plan: Login, Facts & Contact Information

Globe Machine Manufacturing Company 401(k) Plan Facts

Plan name
GLOBE MACHINE MANUFACTURING COMPANY 401(K) PROFIT SHARING PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GLOBE MACHINE MANUFACTURING COMPANY
Participants
176 (136 active employees)
Former employees with a balance
31
Plan assets
$11,170,495 at Dec 31, 2024
Average account balance
$64,945 across 172 accounts
Employer contributions
$685,977 in plan year 2024 (43% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1979
✓ 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 8, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.61 million went into the plan in contributions, $685,977 of it from the employer (43%).
  • $2.98 million was paid out to participants.
  • Investment and other income added $1.22 million.
  • Administrative expenses were $107,853, about $627 per account.

How the Globe Machine Manufacturing Company 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019184$9.69 million$104,926$1.23 million
2020159$9.34 million$91,547$1.85 million
2021155$10.7 million$108,488$491,421
2022149$9.69 million$510,890$750,461
2023169$11.4 million$596,226$993,455
2024176$11.2 million$685,977$2.98 million

Globe Machine Manufacturing Company 401(k) Contact Information

Phone
253-383-2584
Mailing address
PO BOX 2274, TACOMA WA 98401
Plan sponsor
GLOBE MACHINE MANUFACTURING COMPANY
Employer identification number (EIN)
91-0235240
Plan number
001

Questions about the Globe Machine Manufacturing Company 401(k)

Does Globe Machine Manufacturing Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $685,977, 43% of all contributions.

Does the Globe Machine Manufacturing Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Globe Machine Manufacturing Company 401(k) plan?

176 participants at the start of plan year 2024, 136 of them active employees, and 31 former employees who still had money in the plan.

What is the average 401(k) balance at Globe Machine Manufacturing Company?

About $64,945 per account: $11.2 million in plan assets across 172 accounts with a balance at the end of plan year 2024.

Who manages the Globe Machine Manufacturing Company 401(k) accounts?

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

I no longer work at Globe Machine Manufacturing Company. How do I access my 401(k)?

Your account stays with Empower 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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