Material Control Systems, Inc. 401(k) Plan: Login, Facts & Contact Information

Material Control Systems, Inc. 401(k) Plan Facts

Plan name
MATERIAL CONTROL SYSTEMS, INC. 401(K) PLAN & TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MATERIAL CONTROL SYSTEMS, INC
Participants
256 (204 active employees)
Former employees with a balance
87
Plan assets
$3,491,621 at Dec 31, 2024
Average account balance
$14,921 across 234 accounts
Employer contributions
$205,547 in plan year 2024 (33% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 2002
✓ 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 8, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $620,889 went into the plan in contributions, $205,547 of it from the employer (33%).
  • $481,449 was paid out to participants.
  • Investment and other income added $437,096.
  • Administrative expenses were $33,530, about $143 per account.

How the Material Control Systems, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019185$2.61 million$141,339$141,123
2020193$2.76 million$150,154$632,458
2021172$3.28 million$120,150$210,454
2022174$3.07 million$152,488$109,482
2023193$2.96 million$189,818$1.12 million
2024256$3.49 million$205,547$481,449

Material Control Systems, Inc. 401(k) Contact Information

Phone
309-523-3774
Mailing address
211 N MAIN STREET, PORT BYRON IL 61275
Plan sponsor
MATERIAL CONTROL SYSTEMS, INC
Plan administrator
PENTEGRA SERVICES, INC.
Employer identification number (EIN)
36-3456948
Plan number
001

Questions about the Material Control Systems, Inc. 401(k)

Does Material Control Systems, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $205,547, 33% of all contributions.

Does the Material Control Systems, Inc 401(k) have automatic enrollment?

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

How many people are in the Material Control Systems, Inc 401(k) plan?

256 participants at the start of plan year 2024, 204 of them active employees, and 87 former employees who still had money in the plan.

What is the average 401(k) balance at Material Control Systems, Inc?

About $14,921 per account: $3.49 million in plan assets across 234 accounts with a balance at the end of plan year 2024.

Who manages the Material Control Systems, Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Material Control Systems, Inc. How do I access my 401(k)?

Your account stays with Empower 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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