Orbis Sibro, Inc. 401(k) Plan: Login, Facts & Contact Information

Orbis Sibro, Inc. 401(k) Plan Facts

Plan name
ORBIS 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ORBIS SIBRO, INC.
Participants
545 (473 active employees)
Former employees with a balance
112
Plan assets
$31,778,799 at Dec 31, 2024
Average account balance
$65,120 across 488 accounts
Employer contributions
$1,427,886 in plan year 2024 (24% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Feb 1, 2006
✓ 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 Sep 29, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $6.00 million went into the plan in contributions, $1.43 million of it from the employer (24%).
  • $2.72 million was paid out to participants.
  • Investment and other income added $3.57 million.
  • Administrative expenses were $113,461, about $233 per account.

How the Orbis Sibro, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019306$10.8 million$805,634$1.55 million
2020341$14.4 million$806,191$1.11 million
2021352$17.7 million$859,982$2.20 million
2022379$16.9 million$960,782$1.22 million
2023422$25.0 million$1.17 million$1.60 million
2024545$31.8 million$1.43 million$2.72 million

Orbis Sibro, Inc. 401(k) Contact Information

Phone
843-971-9390
Mailing address
238 ALBEMARLE RD, CHARLESTON SC 29407
Plan sponsor
ORBIS SIBRO, INC.
Employer identification number (EIN)
57-1109339
Plan number
001

Questions about the Orbis Sibro, Inc. 401(k)

Does Orbis Sibro, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.43 million, 24% of all contributions.

Does the Orbis Sibro, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Orbis Sibro, Inc 401(k) plan?

545 participants at the start of plan year 2024, 473 of them active employees, and 112 former employees who still had money in the plan.

What is the average 401(k) balance at Orbis Sibro, Inc?

About $65,120 per account: $31.8 million in plan assets across 488 accounts with a balance at the end of plan year 2024.

Who manages the Orbis Sibro, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Orbis Sibro, 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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