Milvets Systems Technology, Inc. 401(k) Plan: Login, Facts & Contact Information

Milvets Systems Technology, Inc. 401(k) Plan Facts

Plan name
MILVETS SYSTEMS TECHNOLOGY, INC. 401(K) PROFIT SHARING PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MILVETS SYSTEMS TECHNOLOGY, INC.
Participants
603 (403 active employees)
Former employees with a balance
107
Plan assets
$7,125,812 at Dec 31, 2024
Average account balance
$30,194 across 236 accounts
Recordkeeper
John Hancock Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1998
✓ 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 5, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $538,509 went into the plan in contributions.
  • $2.16 million was paid out to participants.
  • Investment and other income added $1.09 million.
  • Administrative expenses were $60,655, about $257 per account.

How the Milvets Systems Technology, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019290$3.48 million$0$305,887
2020605$6.57 million$0$274,174
2021646$7.92 million$0$792,096
2022716$6.78 million$0$735,437
2023709$7.72 million$0$924,104
2024603$7.13 million$0$2.16 million

Milvets Systems Technology, Inc. 401(k) Contact Information

Phone
407-207-2242
Mailing address
11825 HIGH TECH AVE. SUITE 150, ORLANDO FL 32817
Plan sponsor
MILVETS SYSTEMS TECHNOLOGY, INC.
Employer identification number (EIN)
62-1279457
Plan number
001

Questions about the Milvets Systems Technology, Inc. 401(k)

Does Milvets Systems Technology, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Milvets Systems Technology, Inc 401(k) have automatic enrollment?

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

How many people are in the Milvets Systems Technology, Inc 401(k) plan?

603 participants at the start of plan year 2024, 403 of them active employees, and 107 former employees who still had money in the plan.

What is the average 401(k) balance at Milvets Systems Technology, Inc?

About $30,194 per account: $7.13 million in plan assets across 236 accounts with a balance at the end of plan year 2024.

Who manages the Milvets Systems Technology, Inc 401(k) accounts?

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

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

Your account stays with John Hancock 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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