Ingersoll Cutting Tool Company, Inc. 401(k) Plan: Login, Facts & Contact Information

Ingersoll Cutting Tool Company, Inc. 401(k) Plan Facts

Plan name
INGERSOLL CUTTING TOOL 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
INGERSOLL CUTTING TOOL COMPANY, INC.
Participants
516 (302 active employees)
Former employees with a balance
81
Plan assets
$113,456,332 at Dec 31, 2024
Average account balance
$290,170 across 391 accounts
Employer contributions
$904,821 in plan year 2024 (28% of all contributions)
Recordkeeper
The Vanguard Group Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Dec 1, 2000
✓ 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

  • $3.18 million went into the plan in contributions, $904,821 of it from the employer (28%).
  • $7.38 million was paid out to participants.
  • Investment and other income added $14.8 million.
  • Administrative expenses were $14,733, about $38 per account.

How the Ingersoll Cutting Tool Company, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019496$89.0 million$1.09 million$3.17 million
2020503$98.8 million$1.01 million$6.10 million
2021489$108.5 million$982,357$7.52 million
2022492$89.5 million$929,107$5.74 million
2023482$102.8 million$961,529$4.63 million
2024516$113.5 million$904,821$7.38 million

Ingersoll Cutting Tool Company, Inc. 401(k) Contact Information

Phone
815-387-6600
Mailing address
845 S. LYFORD RD, ROCKFORD IL 61108
Plan sponsor
INGERSOLL CUTTING TOOL COMPANY, INC.
Employer identification number (EIN)
75-2908703
Plan number
001

Questions about the Ingersoll Cutting Tool Company, Inc. 401(k)

Does Ingersoll Cutting Tool Company, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $904,821, 28% of all contributions.

Does the Ingersoll Cutting Tool Company, Inc 401(k) have automatic enrollment?

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

How many people are in the Ingersoll Cutting Tool Company, Inc 401(k) plan?

516 participants at the start of plan year 2024, 302 of them active employees, and 81 former employees who still had money in the plan.

What is the average 401(k) balance at Ingersoll Cutting Tool Company, Inc?

About $290,170 per account: $113.5 million in plan assets across 391 accounts with a balance at the end of plan year 2024.

Who manages the Ingersoll Cutting Tool Company, Inc 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Ingersoll Cutting Tool Company, Inc. How do I access my 401(k)?

Your account stays with Vanguard 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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