Medcost, Llc 401(k) Plan: Login, Facts & Contact Information

Medcost, Llc 401(k) Plan Facts

Plan name
MEDCOST 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MEDCOST, LLC
Participants
533 (418 active employees)
Former employees with a balance
80
Plan assets
$38,925,536 at Dec 31, 2024
Average account balance
$80,425 across 484 accounts
Employer contributions
$877,522 in plan year 2024 (23% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1997
✓ 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 12, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.87 million went into the plan in contributions, $877,522 of it from the employer (23%).
  • $3.97 million was paid out to participants.
  • Investment and other income added $4.25 million.
  • Administrative expenses were $131,763, about $272 per account.

How the Medcost, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019407$25.4 million$580,515$3.73 million
2020423$30.9 million$714,075$1.92 million
2021443$35.2 million$728,033$3.44 million
2022509$29.7 million$820,413$3.08 million
2023581$34.9 million$895,496$3.81 million
2024533$38.9 million$877,522$3.97 million

Medcost, Llc 401(k) Contact Information

Phone
336-760-3090
Mailing address
165 KIMEL PARK DRIVE, WINSTON-SALEM NC 271036945
Plan sponsor
MEDCOST, LLC
Employer identification number (EIN)
56-1999192
Plan number
333

Questions about the Medcost, Llc 401(k)

Does Medcost, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $877,522, 23% of all contributions.

Does the Medcost, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Medcost, Llc 401(k) plan?

533 participants at the start of plan year 2024, 418 of them active employees, and 80 former employees who still had money in the plan.

What is the average 401(k) balance at Medcost, Llc?

About $80,425 per account: $38.9 million in plan assets across 484 accounts with a balance at the end of plan year 2024.

Who manages the Medcost, Llc 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 Medcost, Llc. 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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