Kennedy Wire Rope & Sling Company, Inc. 401(k) Plan: Login, Facts & Contact Information

Kennedy Wire Rope & Sling Company, Inc. 401(k) Plan Facts

Plan name
KENNEDY WIRE ROPE & SLING 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
KENNEDY WIRE ROPE & SLING COMPANY, INC.
Participants
178 (151 active employees)
Former employees with a balance
14
Plan assets
$6,142,122 at Dec 31, 2024
Average account balance
$38,150 across 161 accounts
Employer contributions
$277,928 in plan year 2024 (30% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 2014
✓ 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

  • $931,289 went into the plan in contributions, $277,928 of it from the employer (30%).
  • $414,776 was paid out to participants.
  • Investment and other income added $605,085.
  • Administrative expenses were $34,180, about $212 per account.

How the Kennedy Wire Rope & Sling Company, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019179$2.19 million$464$54,360
2020168$3.16 million—$80,158
2021175$3.73 million$0$189,766
2022148$3.75 million$213,010$63,384
2023159$5.09 million$241,388$32,874
2024178$6.14 million$277,928$414,776

Kennedy Wire Rope & Sling Company, Inc. 401(k) Contact Information

Phone
361-289-1444
Mailing address
302 FLATO ROAD, CORPUS CHRISTI TX 78469
Plan sponsor
KENNEDY WIRE ROPE & SLING COMPANY, INC.
Employer identification number (EIN)
74-2063904
Plan number
002

Questions about the Kennedy Wire Rope & Sling Company, Inc. 401(k)

Does Kennedy Wire Rope & Sling Company, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $277,928, 30% of all contributions.

Does the Kennedy Wire Rope & Sling Company, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Kennedy Wire Rope & Sling Company, Inc 401(k) plan?

178 participants at the start of plan year 2024, 151 of them active employees, and 14 former employees who still had money in the plan.

What is the average 401(k) balance at Kennedy Wire Rope & Sling Company, Inc?

About $38,150 per account: $6.14 million in plan assets across 161 accounts with a balance at the end of plan year 2024.

Who manages the Kennedy Wire Rope & Sling Company, 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 Kennedy Wire Rope & Sling Company, 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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