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

Independence Excavating, Inc. 401(k) Plan Facts

Plan name
DIGERONIMO COMPANIES RETIREMENT SAVINGS TRUST AND PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
DIGERONIMO · formerly Independence Excavating, Inc.
Participants
655 (681 active employees)
Former employees with a balance
0
Plan assets
$75,870,494 at Dec 31, 2024
Average account balance
$110,922 across 684 accounts
Employer contributions
$2,269,700 in plan year 2024 (28% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Apr 1, 1974
✓ 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 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $8.00 million went into the plan in contributions, $2.27 million of it from the employer (28%).
  • $9.37 million was paid out to participants.
  • Investment and other income added $8.46 million.
  • Administrative expenses were $213,543, about $312 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019359$49.6 million$1.36 million$1.73 million
2020399$57.5 million$1.56 million$4.67 million
2021450$66.9 million$1.94 million$2.93 million
2022490$60.0 million$2.33 million$2.52 million
2023545$69.0 million$2.53 million$7.46 million
2024655$75.9 million$2.27 million$9.37 million

Independence Excavating, Inc. 401(k) Contact Information

Phone
216-524-1700
Mailing address
5720 SCHAAF RD, INDEPENDENCE OH 44131
Plan sponsor
DIGERONIMO
Employer identification number (EIN)
34-0938274
Plan number
001

Questions about the Independence Excavating, Inc. 401(k)

Does Independence Excavating, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.27 million, 28% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

655 participants at the start of plan year 2024, 681 of them active employees.

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

About $110,922 per account: $75.9 million in plan assets across 684 accounts with a balance at the end of plan year 2024.

Who manages the Independence Excavating, Inc 401(k) accounts?

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

I no longer work at Independence Excavating, Inc. 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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