Methods Machine Tools, Inc. 401(k) Plan: Login, Facts & Contact Information

Methods Machine Tools, Inc. 401(k) Plan Facts

Plan name
METHODS MACHINE TOOLS, INC. RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
METHODS MACHINE TOOLS, INC.
Participants
655 (296 active employees)
Former employees with a balance
201
Plan assets
$60,223,125 at Dec 31, 2024
Average account balance
$128,682 across 468 accounts
Employer contributions
$295,389 in plan year 2024 (11% of all contributions)
Recordkeeper
Capital Group Retirement Plan Svcs.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 31, 1969
✓ 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 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.82 million went into the plan in contributions, $295,389 of it from the employer (11%).
  • $5.09 million was paid out to participants.
  • Investment and other income added $8.37 million.
  • Administrative expenses were $101,861, about $218 per account.

How the Methods Machine Tools, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019556$49.8 million$949,680$4.07 million
2020544$56.2 million$1.12 million$5.02 million
2021568$62.8 million$1.22 million$5.64 million
2022621$49.1 million$506,857$6.45 million
2023659$54.2 million$295,070$6.38 million
2024655$60.2 million$295,389$5.09 million

Methods Machine Tools, Inc. 401(k) Contact Information

Phone
978-443-5388
Mailing address
65 UNION AVE, SUDBURY MA 017760382
Plan sponsor
METHODS MACHINE TOOLS, INC.
Employer identification number (EIN)
04-2254513
Plan number
001

Questions about the Methods Machine Tools, Inc. 401(k)

Does Methods Machine Tools, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $295,389, 11% of all contributions.

Does the Methods Machine Tools, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Methods Machine Tools, Inc 401(k) plan?

655 participants at the start of plan year 2024, 296 of them active employees, and 201 former employees who still had money in the plan.

What is the average 401(k) balance at Methods Machine Tools, Inc?

About $128,682 per account: $60.2 million in plan assets across 468 accounts with a balance at the end of plan year 2024.

Who manages the Methods Machine Tools, Inc 401(k) accounts?

Capital Group / American Funds (listed on the filing as CAPITAL GROUP RETIREMENT PLAN SVCS.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Methods Machine Tools, Inc. How do I access my 401(k)?

Your account stays with Capital Group / American Funds 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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