Lapp Insulators Llc 401(k) Plan: Login, Facts & Contact Information

Lapp Insulators Llc 401(k) Plan Facts

Plan name
LAPP INSULATORS SAVINGS & INVESTMENT PLAN FOR HOURLY EMPLOYEES
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
LAPP INSULATORS, LLC
Participants
98 (80 active employees)
Plan assets
$12,615,272 at Dec 31, 2024
Average account balance
$130,054 across 97 accounts
Employer contributions
$151,150 in plan year 2024 (40% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Apr 13, 1987
✓ 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-SF 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

  • $381,034 went into the plan in contributions, $151,150 of it from the employer (40%).
  • $343,713 was paid out to participants.
  • Investment and other income added $1.53 million.

How the Lapp Insulators Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201989$10.2 million$127,104$335,019
202090$10.6 million$118,283$1.26 million
202193$11.8 million$114,173$1.27 million
202276$9.99 million$139,034$301,465
202389$11.1 million$152,541$731,688
202498$12.6 million$151,150$343,713

Lapp Insulators Llc 401(k) Contact Information

Phone
585-768-6221
Mailing address
130 GILBERT STREET, LE ROY NY 14482
Plan sponsor
LAPP INSULATORS, LLC
Plan administrator
COMPASS 360, LLC
Employer identification number (EIN)
20-3600604
Plan number
005

Questions about the Lapp Insulators Llc 401(k)

Does Lapp Insulators Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $151,150, 40% of all contributions.

Does the Lapp Insulators Llc 401(k) have automatic enrollment?

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

How many people are in the Lapp Insulators Llc 401(k) plan?

98 participants at the start of plan year 2024, 80 of them active employees.

What is the average 401(k) balance at Lapp Insulators Llc?

About $130,054 per account: $12.6 million in plan assets across 97 accounts with a balance at the end of plan year 2024.

Who manages the Lapp Insulators Llc 401(k) accounts?

Vanguard is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Lapp Insulators Llc. How do I access my 401(k)?

Your account stays with Vanguard 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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