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

Gorbel, Inc. 401(k) Plan Facts

Plan name
GORBEL, INC. 401K EMPLOYEE SAVINGS AND RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GORBEL, INC.
Participants
593 (544 active employees)
Former employees with a balance
131
Plan assets
$45,067,144 at Dec 31, 2024
Average account balance
$73,760 across 611 accounts
Employer contributions
$701,659 in plan year 2024 (16% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1988
✓ 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 5, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $4.42 million went into the plan in contributions, $701,659 of it from the employer (16%).
  • $4.59 million was paid out to participants.
  • Investment and other income added $5.31 million.
  • Administrative expenses were $63,523, about $104 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019448$26.4 million$591,608$2.32 million
2020463$30.9 million$595,146$2.37 million
2021477$38.2 million$666,664$2.62 million
2022740$33.3 million$799,822$2.27 million
2023616$40.0 million$545,477$2.47 million
2024593$45.1 million$701,659$4.59 million

Gorbel, Inc. 401(k) Contact Information

Phone
585-924-6776
Mailing address
600 FISHERS RUN, VICTOR NY 14564
Plan sponsor
GORBEL, INC.
Employer identification number (EIN)
16-1093854
Plan number
001

Questions about the Gorbel, Inc. 401(k)

Does Gorbel, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $701,659, 16% of all contributions.

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

No. The plan does not report automatic enrollment; employees enroll themselves.

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

593 participants at the start of plan year 2024, 544 of them active employees, and 131 former employees who still had money in the plan.

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

About $73,760 per account: $45.1 million in plan assets across 611 accounts with a balance at the end of plan year 2024.

Who manages the Gorbel, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Fidelity NetBenefits 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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