Makita Usa, Inc. 401(k) Plan: Login, Facts & Contact Information

Makita Usa, Inc. 401(k) Plan Facts

Plan name
MAKITA SHARED SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MAKITA USA, INC.
Participants
1,098 (717 active employees)
Former employees with a balance
255
Plan assets
$99,117,720 at Dec 31, 2024
Average account balance
$102,394 across 968 accounts
Employer contributions
$1,882,332 in plan year 2024 (28% of all contributions)
Recordkeeper
T Rowe Price Rps Inc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 1, 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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 2, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $6.62 million went into the plan in contributions, $1.88 million of it from the employer (28%).
  • $12.9 million was paid out to participants.
  • Investment and other income added $12.6 million.
  • Administrative expenses were $18,629, about $19 per account.

How the Makita Usa, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,007$73.8 million$1.49 million$5.14 million
20201,046$84.0 million$1.64 million$5.67 million
20211,065$96.3 million$1.79 million$7.91 million
20221,119$82.2 million$1.88 million$4.94 million
20231,227$92.8 million$2.08 million$9.63 million
20241,098$99.1 million$1.88 million$12.9 million

Makita Usa, Inc. 401(k) Contact Information

Phone
714-522-8088
Mailing address
14930 NORTHAM STREET, LA MIRADA CA 90638
Plan sponsor
MAKITA USA, INC.
Employer identification number (EIN)
13-2672211
Plan number
002

Questions about the Makita Usa, Inc. 401(k)

Does Makita Usa, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.88 million, 28% of all contributions.

Does the Makita Usa, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Makita Usa, Inc 401(k) plan?

1,098 participants at the start of plan year 2024, 717 of them active employees, and 255 former employees who still had money in the plan.

What is the average 401(k) balance at Makita Usa, Inc?

About $102,394 per account: $99.1 million in plan assets across 968 accounts with a balance at the end of plan year 2024.

Who manages the Makita Usa, 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 Makita Usa, 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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