Industrial Turnaround Corporation 401(k) Plan: Login, Facts & Contact Information

Industrial Turnaround Corporation 401(k) Plan Facts

Plan name
INDUSTRIAL TURNAROUND CORPORATION 401(K)PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
INDUSTRIAL TURNAROUND CORPORATION
Participants
632 (461 active employees)
Former employees with a balance
135
Plan assets
$55,087,458 at Dec 31, 2024
Average account balance
$93,211 across 591 accounts
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1990
✓ 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 6, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $5.08 million went into the plan in contributions.
  • $6.22 million was paid out to participants.
  • Investment and other income added $6.25 million.
  • Administrative expenses were $84,910, about $144 per account.

How the Industrial Turnaround Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019630$44.1 million$1.11 million$4.45 million
2020626$49.8 million$41,005$3.65 million
2021593$56.2 million—$3.04 million
2022647$43.0 million—$7.16 million
2023620$50.1 million—$3.78 million
2024632$55.1 million—$6.22 million

Industrial Turnaround Corporation 401(k) Contact Information

Phone
804-414-1111
Mailing address
13141 NORTH ENON CHURCH ROAD, CHESTER VA 238363120
Plan sponsor
INDUSTRIAL TURNAROUND CORPORATION
Employer identification number (EIN)
54-1453225
Plan number
001

Questions about the Industrial Turnaround Corporation 401(k)

Does Industrial Turnaround Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Industrial Turnaround Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Industrial Turnaround Corporation 401(k) plan?

632 participants at the start of plan year 2024, 461 of them active employees, and 135 former employees who still had money in the plan.

What is the average 401(k) balance at Industrial Turnaround Corporation?

About $93,211 per account: $55.1 million in plan assets across 591 accounts with a balance at the end of plan year 2024.

Who manages the Industrial Turnaround Corporation 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 Industrial Turnaround Corporation. 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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