Louis Padnos Iron & Metal Company 401(k) Plan: Login, Facts & Contact Information
Louis Padnos Iron & Metal Company 401(k) Login
178 former Louis Padnos Iron & Metal Company employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Louis Padnos Iron & Metal Company 401(k) Plan Facts
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
- $5.86 million went into the plan in contributions, $2.01 million of it from the employer (34%).
- $8.32 million was paid out to participants.
- Investment and other income added $10.7 million.
- Administrative expenses were $152,824, about $169 per account.
How the Louis Padnos Iron & Metal Company 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 686 | $78.4 million | $1.28 million | $6.78 million |
| 2020 | 820 | $88.6 million | $3.21 million | $7.74 million |
| 2021 | 743 | $99.5 million | $4.49 million | $7.40 million |
| 2022 | 1,120 | $82.7 million | $4.01 million | $6.35 million |
| 2023 | 1,072 | $95.0 million | $3.86 million | $6.34 million |
| 2024 | 1,055 | $103.0 million | $2.01 million | $8.32 million |
Louis Padnos Iron & Metal Company 401(k) Contact Information
Questions about the Louis Padnos Iron & Metal Company 401(k)
Does Louis Padnos Iron & Metal Company contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.01 million, 34% of all contributions.
Does the Louis Padnos Iron & Metal Company 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Louis Padnos Iron & Metal Company 401(k) plan?
1,055 participants at the start of plan year 2024, 928 of them active employees, and 178 former employees who still had money in the plan.
What is the average 401(k) balance at Louis Padnos Iron & Metal Company?
About $114,208 per account: $103.0 million in plan assets across 902 accounts with a balance at the end of plan year 2024.
Who manages the Louis Padnos Iron & Metal Company 401(k) accounts?
Newport (an Ascensus company) (listed on the filing as NEWPORT GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Louis Padnos Iron & Metal Company. How do I access my 401(k)?
Your account stays with Newport (an Ascensus company) 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.