Local Initiatives Support Corp. 401(k) Plan: Login, Facts & Contact Information

Local Initiatives Support Corp. 401(k) Plan Facts

Plan name
LOCAL INITIATIVES SUPPORT CORPORATION 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
LOCAL INITIATIVES SUPPORT CORPORATION
Participants
863 (553 active employees)
Former employees with a balance
284
Plan assets
$77,668,246 at Dec 31, 2024
Average account balance
$97,942 across 793 accounts
Employer contributions
$721,852 in plan year 2024 (12% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1980
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 Sep 16, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $5.91 million went into the plan in contributions, $721,852 of it from the employer (12%).
  • $4.90 million was paid out to participants.
  • Investment and other income added $10.0 million.
  • Administrative expenses were $73,856, about $93 per account.

How the Local Initiatives Support Corp. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019586$47.1 million$344,778$2.22 million
2020657$55.3 million$475,284$2.76 million
2021753$63.5 million$524,776$4.18 million
2022838$53.2 million$596,358$4.89 million
2023851$66.7 million$663,734$2.53 million
2024863$77.7 million$721,852$4.90 million

Local Initiatives Support Corp. 401(k) Contact Information

Phone
212-455-9800
Mailing address
28 LIBERTY STREET 34TH FLOOR, NEW YORK NY 10005
Plan sponsor
LOCAL INITIATIVES SUPPORT CORPORATION
Employer identification number (EIN)
13-3030229
Plan number
001

Questions about the Local Initiatives Support Corp. 401(k)

Does Local Initiatives Support Corp contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $721,852, 12% of all contributions.

Does the Local Initiatives Support Corp 401(k) have automatic enrollment?

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

How many people are in the Local Initiatives Support Corp 401(k) plan?

863 participants at the start of plan year 2024, 553 of them active employees, and 284 former employees who still had money in the plan.

What is the average 401(k) balance at Local Initiatives Support Corp?

About $97,942 per account: $77.7 million in plan assets across 793 accounts with a balance at the end of plan year 2024.

Who manages the Local Initiatives Support Corp 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Local Initiatives Support Corp. 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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