Lhoist North America, Inc. 401(k) Plan: Login, Facts & Contact Information

Lhoist North America, Inc. 401(k) Plan Facts

Plan name
LHOIST NORTH AMERICA 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
LHOIST NORTH AMERICA, INC.
Participants
2,050 (1,610 active employees)
Former employees with a balance
322
Plan assets
$259,984,342 at Dec 31, 2023
Average account balance
$129,217 across 2,012 accounts
Employer contributions
$12,901,257 in plan year 2023 (51% of all contributions)
Recordkeeper
T. Rowe Price Rps Inc
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Dec 4, 1986
✓ 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 2023 (Jan 1, 2023 – Dec 31, 2023), filed Sep 25, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $25.5 million went into the plan in contributions, $12.9 million of it from the employer (51%).
  • $29.3 million was paid out to participants.
  • Investment and other income added $34.7 million.
  • Administrative expenses were $333,495, about $166 per account.

How the Lhoist North America, Inc. 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20181,850$171.6 million$10.6 million$14.8 million
20191,823$215.5 million$10.4 million$13.5 million
20201,917$242.7 million$11.9 million$24.1 million
20211,993$270.2 million$11.8 million$27.8 million
20222,006$229.5 million$12.1 million$25.9 million
20232,050$260.0 million$12.9 million$29.3 million

Lhoist North America, Inc. 401(k) Contact Information

Phone
817-732-8164
Mailing address
PO BOX 985007, FORT WORTH TX 761855007
Plan sponsor
LHOIST NORTH AMERICA, INC.
Employer identification number (EIN)
75-2060363
Plan number
003

Questions about the Lhoist North America, Inc. 401(k)

Does Lhoist North America, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $12.9 million, 51% of all contributions.

Does the Lhoist North America, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Lhoist North America, Inc 401(k) plan?

2,050 participants at the start of plan year 2023, 1,610 of them active employees, and 322 former employees who still had money in the plan.

What is the average 401(k) balance at Lhoist North America, Inc?

About $129,217 per account: $260.0 million in plan assets across 2,012 accounts with a balance at the end of plan year 2023.

Who manages the Lhoist North America, Inc 401(k) accounts?

T. Rowe Price (listed on the filing as T. ROWE PRICE RPS INC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Lhoist North America, Inc. How do I access my 401(k)?

Your account stays with T. Rowe Price 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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