Modern Welding Company, Inc. 401(k) Plan: Login, Facts & Contact Information
Modern Welding Company, Inc. 401(k) Login
113 former Modern Welding Company, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Modern Welding Company, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $2.21 million went into the plan in contributions, $598,346 of it from the employer (27%).
- $4.57 million was paid out to participants.
- Investment and other income added $4.27 million.
- Administrative expenses were $109,217, about $265 per account.
How the Modern Welding Company, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 455 | $27.1 million | $544,005 | $2.46 million |
| 2020 | 474 | $29.2 million | $544,818 | $3.06 million |
| 2021 | 480 | $33.6 million | $546,240 | $2.43 million |
| 2022 | 482 | $27.4 million | $562,840 | $3.09 million |
| 2023 | 478 | $32.1 million | $591,681 | $1.70 million |
| 2024 | 509 | $33.9 million | $598,346 | $4.57 million |
Modern Welding Company, Inc. 401(k) Contact Information
Questions about the Modern Welding Company, Inc. 401(k)
Does Modern Welding Company, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $598,346, 27% of all contributions.
Does the Modern Welding Company, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Modern Welding Company, Inc 401(k) plan?
509 participants at the start of plan year 2024, 370 of them active employees, and 113 former employees who still had money in the plan.
What is the average 401(k) balance at Modern Welding Company, Inc?
About $82,185 per account: $33.9 million in plan assets across 412 accounts with a balance at the end of plan year 2024.
Who manages the Modern Welding Company, Inc 401(k) accounts?
Ascensus (listed on the filing as ASCENSUS LLC) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Modern Welding Company, Inc. How do I access my 401(k)?
Your account stays with Ascensus 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.