Island Employment Services, Llc 401(k) Plan: Login, Facts & Contact Information

Island Employment Services, Llc 401(k) Plan Facts

Plan name
ISLAND EMPLOYMENT SERVICES, LLC 401(K) PROFIT SHARING PLAN
Plan type
401(k) and profit sharing
Plan sponsor
ISLAND EMPLOYMENT SERVICES, LLC
Participants
516 (302 active employees)
Former employees with a balance
169
Plan assets
$120,770,754 at Dec 31, 2024
Average account balance
$251,083 across 481 accounts
Employer contributions
$3,459,364 in plan year 2024 (47% of all contributions)
Recordkeeper
Merrill Lynch, Pierce, Fenner And S
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1994
— 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 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $7.33 million went into the plan in contributions, $3.46 million of it from the employer (47%).
  • $9.09 million was paid out to participants.
  • Investment and other income added $13.7 million.
  • Administrative expenses were $129,889, about $270 per account.

How the Island Employment Services, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019562$96.5 million$3.22 million$6.80 million
2020553$108.7 million$3.31 million$6.07 million
2021537$115.3 million$3.01 million$12.9 million
2022538$93.5 million$3.15 million$9.27 million
2023533$109.0 million$2.59 million$5.43 million
2024516$120.8 million$3.46 million$9.09 million

Island Employment Services, Llc 401(k) Contact Information

Phone
212-708-6521
Mailing address
30 WEST 57TH STREET 4TH FLOOR, NEW YORK NY 10019
Plan sponsor
ISLAND EMPLOYMENT SERVICES, LLC
Employer identification number (EIN)
27-1845845
Plan number
002

Questions about the Island Employment Services, Llc 401(k)

Does Island Employment Services, Llc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $3.46 million in employer contributions for plan year 2024.

Does the Island Employment Services, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Island Employment Services, Llc 401(k) plan?

516 participants at the start of plan year 2024, 302 of them active employees, and 169 former employees who still had money in the plan.

What is the average 401(k) balance at Island Employment Services, Llc?

About $251,083 per account: $120.8 million in plan assets across 481 accounts with a balance at the end of plan year 2024.

Who manages the Island Employment Services, Llc 401(k) accounts?

Merrill Benefits OnLine (listed on the filing as MERRILL LYNCH, PIERCE, FENNER AND S) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Island Employment Services, Llc. How do I access my 401(k)?

Your account stays with Merrill Benefits OnLine 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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