Okuma America Corporation 401(k) Plan: Login, Facts & Contact Information

Okuma America Corporation 401(k) Plan Facts

Plan name
OKUMA AMERICA CORP. SAVINGS AND INVESTMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
OKUMA AMERICA CORPORATION
Participants
265 (252 active employees)
Former employees with a balance
46
Plan assets
$45,993,347 at Dec 31, 2024
Average account balance
$171,617 across 268 accounts
Employer contributions
$582,769 in plan year 2024 (21% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Apr 1, 1986
✓ 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 1, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.72 million went into the plan in contributions, $582,769 of it from the employer (21%).
  • $5.97 million was paid out to participants.
  • Investment and other income added $6.34 million.
  • Administrative expenses were $28,934, about $108 per account.

How the Okuma America Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019268$33.0 million$440,201$2.89 million
2020289$36.0 million$254,008$3.88 million
2021259$41.2 million$451,500$3.19 million
2022254$35.6 million$449,891$1.97 million
2023270$42.9 million$512,278$1.39 million
2024265$46.0 million$582,769$5.97 million

Okuma America Corporation 401(k) Contact Information

Phone
704-588-7000
Mailing address
11900 WESTHALL DR., CHARLOTTE NC 28278
Plan sponsor
OKUMA AMERICA CORPORATION
Employer identification number (EIN)
11-2670887
Plan number
002

Questions about the Okuma America Corporation 401(k)

Does Okuma America Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $582,769, 21% of all contributions.

Does the Okuma America Corporation 401(k) have automatic enrollment?

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

How many people are in the Okuma America Corporation 401(k) plan?

265 participants at the start of plan year 2024, 252 of them active employees, and 46 former employees who still had money in the plan.

What is the average 401(k) balance at Okuma America Corporation?

About $171,617 per account: $46.0 million in plan assets across 268 accounts with a balance at the end of plan year 2024.

Who manages the Okuma America Corporation 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 Okuma America Corporation. 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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