Multi-tech Systems, Inc. 401(k) Plan: Login, Facts & Contact Information

Multi-tech Systems, Inc. 401(k) Plan Facts

Plan name
MULTI-TECH SYSTEMS, INC. PROFIT SHARING AND SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
MULTI-TECH SYSTEMS, INC.
Participants
224 (138 active employees)
Former employees with a balance
75
Plan assets
$32,353,295 at Dec 31, 2024
Average account balance
$156,296 across 207 accounts
Employer contributions
$337,774 in plan year 2024 (22% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1979
✓ 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 3, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.54 million went into the plan in contributions, $337,774 of it from the employer (22%).
  • $5.33 million was paid out to participants.
  • Investment and other income added $3.91 million.
  • Administrative expenses were $90,406, about $437 per account.

How the Multi-tech Systems, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019232$28.3 million$373,759$1.35 million
2020256$33.1 million$323,635$1.20 million
2021241$36.6 million$512,178$2.42 million
2022263$28.4 million$359,334$4.34 million
2023251$32.4 million$0$1.76 million
2024224$32.4 million$337,774$5.33 million

Multi-tech Systems, Inc. 401(k) Contact Information

Phone
763-717-5551
Mailing address
2205 WOODALE DRIVE, MOUNDS VIEW MN 55112
Plan sponsor
MULTI-TECH SYSTEMS, INC.
Employer identification number (EIN)
41-0968843
Plan number
001

Questions about the Multi-tech Systems, Inc. 401(k)

Does Multi-tech Systems, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $337,774, 22% of all contributions.

Does the Multi-tech Systems, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Multi-tech Systems, Inc 401(k) plan?

224 participants at the start of plan year 2024, 138 of them active employees, and 75 former employees who still had money in the plan.

What is the average 401(k) balance at Multi-tech Systems, Inc?

About $156,296 per account: $32.4 million in plan assets across 207 accounts with a balance at the end of plan year 2024.

Who manages the Multi-tech Systems, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Multi-tech Systems, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits 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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