L & M Supply, Inc. 401(k) Plan: Login, Facts & Contact Information

L & M Supply, Inc. 401(k) Plan Facts

Plan name
L & M SUPPLY RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
L & M SUPPLY, INC.
Participants
852 (676 active employees)
Former employees with a balance
158
Plan assets
$40,361,734 at Dec 31, 2024
Average account balance
$48,746 across 828 accounts
Employer contributions
$1,918,331 in plan year 2024 (41% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1989
✓ 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

  • $4.65 million went into the plan in contributions, $1.92 million of it from the employer (41%).
  • $3.53 million was paid out to participants.
  • Investment and other income added $4.28 million.
  • Administrative expenses were $150,055, about $181 per account.

How the L & M Supply, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019593$31.0 million$1.30 million$2.48 million
2020698$35.4 million$1.46 million$2.51 million
2021698$37.7 million$1.64 million$6.00 million
2022687$30.5 million$1.61 million$5.08 million
2023780$35.1 million$1.80 million$4.03 million
2024852$40.4 million$1.92 million$3.53 million

L & M Supply, Inc. 401(k) Contact Information

Phone
218-326-9783
Mailing address
1200 E US HIGHWAY 169, GRAND RAPIDS MN 557443235
Plan sponsor
L & M SUPPLY, INC.
Employer identification number (EIN)
41-0856419
Plan number
001

Questions about the L & M Supply, Inc. 401(k)

Does L & M Supply, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.92 million, 41% of all contributions.

Does the L & M Supply, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the L & M Supply, Inc 401(k) plan?

852 participants at the start of plan year 2024, 676 of them active employees, and 158 former employees who still had money in the plan.

What is the average 401(k) balance at L & M Supply, Inc?

About $48,746 per account: $40.4 million in plan assets across 828 accounts with a balance at the end of plan year 2024.

Who manages the L & M Supply, Inc 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 L & M Supply, Inc. 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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