National Coatings, Inc. 401(k) Plan: Login, Facts & Contact Information

National Coatings, Inc. 401(k) Plan Facts

Plan name
NATIONAL COATINGS SAVINGS AND RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NATIONAL COATINGS, INC.
Participants
117 (112 active employees)
Plan assets
$2,648,880 at Dec 31, 2024
Average account balance
$28,792 across 92 accounts
Employer contributions
$144,293 in plan year 2024 (35% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1997
✓ 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 Jul 24, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $416,236 went into the plan in contributions, $144,293 of it from the employer (35%).
  • $773,628 was paid out to participants.
  • Investment and other income added $358,848.

How the National Coatings, Inc. 401(k) changed, 2018–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2018 (final)19$0$544$227,767
2020109$3.91 million$107,354$848,604
2021100$3.84 million$118,192$949,611
202296$2.13 million$94,417$1.33 million
2023107$2.68 million$139,636$259,461
2024117$2.65 million$144,293$773,628

National Coatings, Inc. 401(k) Contact Information

Phone
719-650-3114
Mailing address
5115 NEW BERN AVE SUITE 110, RALEIGH NC 27610
Plan sponsor
NATIONAL COATINGS, INC.
Employer identification number (EIN)
27-3213652
Plan number
001

Questions about the National Coatings, Inc. 401(k)

Does National Coatings, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $144,293, 35% of all contributions.

Does the National Coatings, Inc 401(k) have automatic enrollment?

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

How many people are in the National Coatings, Inc 401(k) plan?

117 participants at the start of plan year 2024, 112 of them active employees.

What is the average 401(k) balance at National Coatings, Inc?

About $28,792 per account: $2.65 million in plan assets across 92 accounts with a balance at the end of plan year 2024.

Who manages the National Coatings, 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 National Coatings, 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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