Mowrey Elevator Company, Inc. 401(k) Plan: Login, Facts & Contact Information

Mowrey Elevator Company, Inc. 401(k) Plan Facts

Plan name
MOWREY ELEVATOR COMPANY, INC. EMPLOYEES' 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MOWREY ELEVATOR COMPANY, INC.
Participants
194 (176 active employees)
Plan assets
$2,707,370 at Dec 31, 2024
Average account balance
$40,409 across 67 accounts
Employer contributions
$13,399 in plan year 2024 (7% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 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-SF for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Feb 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $200,430 went into the plan in contributions, $13,399 of it from the employer (7%).
  • $144,116 was paid out to participants.
  • Investment and other income added $214,881.

How the Mowrey Elevator Company, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019164$1.75 million$11,753$1,410
2020191$2.22 million$13,174$221,726
2021207$2.29 million$14,101$352,733
2022211$2.11 million$13,656$112,054
2023193$2.44 million$13,961$178,063
2024194$2.71 million$13,399$144,116

Mowrey Elevator Company, Inc. 401(k) Contact Information

Phone
850-633-1181
Mailing address
4518 LAFAYETTE STREET, MARIANNA FL 324463418
Plan sponsor
MOWREY ELEVATOR COMPANY, INC.
Employer identification number (EIN)
59-1718363
Plan number
002

Questions about the Mowrey Elevator Company, Inc. 401(k)

Does Mowrey Elevator Company, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $13,399, 7% of all contributions.

Does the Mowrey Elevator Company, Inc 401(k) have automatic enrollment?

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

How many people are in the Mowrey Elevator Company, Inc 401(k) plan?

194 participants at the start of plan year 2024, 176 of them active employees.

What is the average 401(k) balance at Mowrey Elevator Company, Inc?

About $40,409 per account: $2.71 million in plan assets across 67 accounts with a balance at the end of plan year 2024.

Who manages the Mowrey Elevator Company, Inc 401(k) accounts?

Principal is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Mowrey Elevator 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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