Hydac Technology Corp. 401(k) Plan: Login, Facts & Contact Information

Hydac Technology Corp. 401(k) Plan Facts

Plan name
HYDAC TECHNOLOGY CORP. 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
HYDAC TECHNOLOGY CORPORATION
Participants
1,182 (981 active employees)
Former employees with a balance
204
Plan assets
$81,830,057 at Dec 31, 2024
Average account balance
$69,643 across 1,175 accounts
Employer contributions
$2,569,112 in plan year 2024 (28% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1984
✓ 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 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $9.12 million went into the plan in contributions, $2.57 million of it from the employer (28%).
  • $7.97 million was paid out to participants.
  • Investment and other income added $10.8 million.
  • Administrative expenses were $278,861, about $237 per account.

How the Hydac Technology Corp. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,320$45.0 million$1.88 million$3.08 million
20201,280$52.9 million$1.66 million$5.94 million
20211,276$64.8 million$1.94 million$2.67 million
20221,242$56.5 million$2.08 million$4.43 million
20231,293$70.1 million$2.39 million$4.78 million
20241,182$81.8 million$2.57 million$7.97 million

Hydac Technology Corp. 401(k) Contact Information

Phone
610-686-5224
Mailing address
JOHN SIMON 2260 CITY LINE RD, BETHLEHEM PA 18017
Plan sponsor
HYDAC TECHNOLOGY CORPORATION
Employer identification number (EIN)
23-1984255
Plan number
001

Questions about the Hydac Technology Corp. 401(k)

Does Hydac Technology Corp contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.57 million, 28% of all contributions.

Does the Hydac Technology Corp 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Hydac Technology Corp 401(k) plan?

1,182 participants at the start of plan year 2024, 981 of them active employees, and 204 former employees who still had money in the plan.

What is the average 401(k) balance at Hydac Technology Corp?

About $69,643 per account: $81.8 million in plan assets across 1,175 accounts with a balance at the end of plan year 2024.

Who manages the Hydac Technology 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 Hydac Technology 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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