Kyanite Mining Corporation 401(k) Plan: Login, Facts & Contact Information

Kyanite Mining Corporation 401(k) Plan Facts

Plan name
KYANITE MINING CORPORATION EMPLOYEES' 401(K) SAVINGS AND PROFIT SHARING PLAN
Plan type
401(k) and profit sharing
Plan sponsor
KYANITE MINING CORPORATION
Participants
172 (118 active employees)
Former employees with a balance
39
Plan assets
$24,921,617 at Mar 31, 2025
Average account balance
$169,535 across 147 accounts
Employer contributions
$699,647 in plan year 2024 (67% of all contributions)
Recordkeeper
Ascensus Llc
Plan year
Apr 1, 2024 – Mar 31, 2025
Plan established
Mar 31, 1969
— 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 (Apr 1, 2024 – Mar 31, 2025), filed Jan 14, 2026. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.05 million went into the plan in contributions, $699,647 of it from the employer (67%).
  • $3.50 million was paid out to participants.
  • Investment and other income added $1.06 million.
  • Administrative expenses were $109,369, about $744 per account.

How the Kyanite Mining Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019146$19.4 million$634,740$2.37 million
2020161$25.6 million$750,697$1.59 million
2021151$26.9 million$900,557$1.03 million
2022161$24.9 million$945,033$2.02 million
2023173$26.4 million$699,687$3.00 million
2024172$24.9 million$699,647$3.50 million

Kyanite Mining Corporation 401(k) Contact Information

Phone
434-983-2085
Mailing address
30 WILLIS MOUNTAIN PLANT ROAD, DILLWYN VA 23936
Plan sponsor
KYANITE MINING CORPORATION
Employer identification number (EIN)
20-2599676
Plan number
001

Questions about the Kyanite Mining Corporation 401(k)

Does Kyanite Mining Corporation contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $699,647 in employer contributions for plan year 2024.

Does the Kyanite Mining Corporation 401(k) have automatic enrollment?

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

How many people are in the Kyanite Mining Corporation 401(k) plan?

172 participants at the start of plan year 2024, 118 of them active employees, and 39 former employees who still had money in the plan.

What is the average 401(k) balance at Kyanite Mining Corporation?

About $169,535 per account: $24.9 million in plan assets across 147 accounts with a balance at the end of plan year 2024.

Who manages the Kyanite Mining Corporation 401(k) accounts?

Ascensus (listed on the filing as ASCENSUS LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Kyanite Mining Corporation. How do I access my 401(k)?

Your account stays with Ascensus 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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