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

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

Plan name
FORTNA 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FORTNA SYSTEMS, INC. · formerly Material Handling Systems, Inc.
Participants
2,179 (1,822 active employees)
Former employees with a balance
391
Plan assets
$148,007,632 at Dec 31, 2024
Average account balance
$81,592 across 1,814 accounts
Employer contributions
$6,860,412 in plan year 2024 (28% of all contributions)
Recordkeeper
Schwab Retirement Plan Services,inc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2005
✓ 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 7, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $24.3 million went into the plan in contributions, $6.86 million of it from the employer (28%).
  • $39.2 million was paid out to participants.
  • Investment and other income added $16.4 million.
  • Administrative expenses were $148,199, about $82 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,125$42.9 million$2.87 million$2.22 million
20201,249$68.8 million$3.46 million$5.18 million
20211,437$94.8 million$4.67 million$7.68 million
20222,670$97.2 million$6.65 million$19.3 million
20232,798$146.6 million$7.28 million$38.5 million
20242,179$148.0 million$6.86 million$39.2 million

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

Phone
502-636-0690
Mailing address
131 GRIFFIN WAY, MT. WASHINGTON KY 40047
Plan sponsor
FORTNA SYSTEMS, INC.
Employer identification number (EIN)
61-1350369
Plan number
001

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

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

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $6.86 million, 28% of all contributions.

Does the Material Handling 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 Handling Systems, Inc 401(k) plan?

2,179 participants at the start of plan year 2024, 1,822 of them active employees, and 391 former employees who still had money in the plan.

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

About $81,592 per account: $148.0 million in plan assets across 1,814 accounts with a balance at the end of plan year 2024.

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

Schwab Retirement Plan Services (listed on the filing as SCHWAB RETIREMENT PLAN SERVICES,INC) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Schwab Retirement Plan Services 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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