Mayville Engineering Company Inc. 401(k) Plan: Login, Facts & Contact Information

Mayville Engineering Company Inc. 401(k) Plan Facts

Plan name
MAYVILLE ENGINEERING COMPANY, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MAYVILLE ENGINEERING COMPANY, INC
Participants
3,309 (2,197 active employees)
Former employees with a balance
483
Plan assets
$156,072,778 at Dec 31, 2024
Average account balance
$58,851 across 2,652 accounts
Employer contributions
$3,383,829 in plan year 2024 (19% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jun 1, 1990
✓ 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 Jun 25, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $17.4 million went into the plan in contributions, $3.38 million of it from the employer (19%).
  • $32.6 million was paid out to participants.
  • Investment and other income added $20.7 million.
  • Administrative expenses were $214,735, about $81 per account.

How the Mayville Engineering Company Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20193,693$106.3 million$3.69 million$13.0 million
20204,293$117.5 million$1.85 million$20.1 million
20213,447$130.3 million$2.06 million$19.7 million
20223,121$117.6 million$2.50 million$13.3 million
20233,662$149.6 million$3.41 million$22.5 million
20243,309$156.1 million$3.38 million$32.6 million

Mayville Engineering Company Inc. 401(k) Contact Information

Phone
414-381-2860
Mailing address
135 S. 84TH STREET SUITE 300, MILWAUKEE WI 53214
Plan sponsor
MAYVILLE ENGINEERING COMPANY, INC
Employer identification number (EIN)
39-0944729
Plan number
003

Questions about the Mayville Engineering Company Inc. 401(k)

Does Mayville Engineering Company Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.38 million, 19% of all contributions.

Does the Mayville Engineering Company Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Mayville Engineering Company Inc 401(k) plan?

3,309 participants at the start of plan year 2024, 2,197 of them active employees, and 483 former employees who still had money in the plan.

What is the average 401(k) balance at Mayville Engineering Company Inc?

About $58,851 per account: $156.1 million in plan assets across 2,652 accounts with a balance at the end of plan year 2024.

Who manages the Mayville Engineering Company Inc 401(k) accounts?

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

I no longer work at Mayville Engineering Company Inc. How do I access my 401(k)?

Your account stays with Principal 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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