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

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

Plan name
SANDLER RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
L. M. SANDLER & SONS, INC.
Participants
472 (328 active employees)
Former employees with a balance
84
Plan assets
$30,528,021 at Dec 31, 2024
Average account balance
$81,626 across 374 accounts
Employer contributions
$256,999 in plan year 2024 (10% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1997
✓ 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 2, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.49 million went into the plan in contributions, $256,999 of it from the employer (10%).
  • $3.27 million was paid out to participants.
  • Investment and other income added $3.69 million.
  • Administrative expenses were $112,415, about $301 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019676$19.4 million$282,104$1.35 million
2020613$23.2 million$323,850$1.95 million
2021555$27.7 million$336,824$2.34 million
2022561$24.1 million$303,470$1.65 million
2023575$27.7 million$278,209$2.92 million
2024472$30.5 million$256,999$3.27 million

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

Phone
757-463-5000
Mailing address
448 VIKING DRIVE SUITE 220, VIRGINIA BEACH VA 23452
Plan sponsor
L. M. SANDLER & SONS, INC.
Employer identification number (EIN)
54-1737065
Plan number
001

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

Does L. M. Sandler & Sons, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $256,999, 10% of all contributions.

Does the L. M. Sandler & Sons, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

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

472 participants at the start of plan year 2024, 328 of them active employees, and 84 former employees who still had money in the plan.

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

About $81,626 per account: $30.5 million in plan assets across 374 accounts with a balance at the end of plan year 2024.

Who manages the L. M. Sandler & Sons, 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. Sandler & Sons, 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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