Nicholas Financial, Inc. 401(k) Plan: Login, Facts & Contact Information

Nicholas Financial, Inc. 401(k) Plan Facts

Plan name
OLD MARKET CAPITAL CORPORATION 401(K) PROFIT SHARING PLAN & TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
NICHOLAS FINANCIAL INC
Participants
66 (3 active employees)
Plan assets
$3,253,690 at Dec 31, 2024
Average account balance
$66,402 across 49 accounts
Employer contributions
$25,401 in plan year 2024 (31% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1994
✓ 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 May 20, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $81,927 went into the plan in contributions, $25,401 of it from the employer (31%).
  • $930,777 was paid out to participants.
  • Investment and other income added $528,939.

How the Nicholas Financial, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019335$5.30 million—$339,810
2020309$6.00 million$22,170$559,217
2021323$6.39 million$0$902,971
2022224$4.42 million$69,504$1.54 million
2023162$3.60 million$40,785$1.65 million
202466$3.25 million$25,401$930,777

Nicholas Financial, Inc. 401(k) Contact Information

Phone
727-726-0763
Mailing address
244 MCMULLEN BOOTH BUILDING C SUITE, CLEARWATER FL 33759
Plan sponsor
NICHOLAS FINANCIAL INC
Plan administrator
ERISA FIDUCIARY SERVICES, INC.
Employer identification number (EIN)
59-3019317
Plan number
001

Questions about the Nicholas Financial, Inc. 401(k)

Does Nicholas Financial, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $25,401, 31% of all contributions.

Does the Nicholas Financial, Inc 401(k) have automatic enrollment?

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

How many people are in the Nicholas Financial, Inc 401(k) plan?

66 participants at the start of plan year 2024, 3 of them active employees.

What is the average 401(k) balance at Nicholas Financial, Inc?

About $66,402 per account: $3.25 million in plan assets across 49 accounts with a balance at the end of plan year 2024.

Who manages the Nicholas Financial, Inc 401(k) accounts?

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

I no longer work at Nicholas Financial, Inc. How do I access my 401(k)?

Your account stays with Empower 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.

Related Companies
Headquarter: 5520 W. HAROLD GATTY DRIVE, SALT LAKE CITY, UT, 84116
Headquarter: 2400 CONGRESS STREET, PORTLAND, ME, 04102
Headquarter: 77 MASSACHUSETTS AVENUE NE49 3142, CAMBRIDGE, MA, 02139
Headquarter: P.O. BOX 1438, LOUISVILLE, KY, 402011438
Headquarter: 1917 S. 67TH ST., OMAHA, NE, 681062973