Loram Maintenance Of Way, Inc. 401(k) Plan: Login, Facts & Contact Information

Loram Maintenance Of Way, Inc. 401(k) Plan Facts

Plan name
LORAM RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
LORAM
Participants
1,397 (1,082 active employees)
Former employees with a balance
488
Plan assets
$167,779,345 at Dec 31, 2024
Average account balance
$108,455 across 1,547 accounts
Employer contributions
$8,608,838 in plan year 2024 (46% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1981
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 9, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $18.8 million went into the plan in contributions, $8.61 million of it from the employer (46%).
  • $18.7 million was paid out to participants.
  • Investment and other income added $21.0 million.
  • Administrative expenses were $192,423, about $124 per account.

How the Loram Maintenance Of Way, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,189$120.2 million$5.47 million$8.42 million
20201,363$136.5 million$5.71 million$13.3 million
20211,231$149.5 million$5.49 million$16.7 million
20221,303$124.7 million$6.02 million$12.5 million
20231,409$147.7 million$6.64 million$14.2 million
20241,397$167.8 million$8.61 million$18.7 million

Loram Maintenance Of Way, Inc. 401(k) Contact Information

Phone
763-478-2549
Mailing address
PO BOX 188, HAMEL MN 55340
Plan sponsor
LORAM
Employer identification number (EIN)
41-0950401
Plan number
316

Questions about the Loram Maintenance Of Way, Inc. 401(k)

Does Loram Maintenance Of Way, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $8.61 million, 46% of all contributions.

Does the Loram Maintenance Of Way, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Loram Maintenance Of Way, Inc 401(k) plan?

1,397 participants at the start of plan year 2024, 1,082 of them active employees, and 488 former employees who still had money in the plan.

What is the average 401(k) balance at Loram Maintenance Of Way, Inc?

About $108,455 per account: $167.8 million in plan assets across 1,547 accounts with a balance at the end of plan year 2024.

Who manages the Loram Maintenance Of Way, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Loram Maintenance Of Way, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits 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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