Parker & Son, Inc. 401(k) Plan: Login, Facts & Contact Information

Parker & Son, Inc. 401(k) Plan Facts

Plan name
PARKER & SON, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PARKER & SON, INC.
Participants
70 (46 active employees)
Plan assets
$5,567,420 at Dec 31, 2024
Average account balance
$129,475 across 43 accounts
Employer contributions
$74,435 in plan year 2024 (33% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 2004
✓ 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 Mar 21, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $223,317 went into the plan in contributions, $74,435 of it from the employer (33%).
  • $452,675 was paid out to participants.
  • Investment and other income added $596,485.

How the Parker & Son, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019145$5.28 million$138,035$457,853
2020110$6.49 million$265,897$47,455
2021124$7.20 million$123,128$593,910
2022104$5.13 million$61,431$1.30 million
202385$5.24 million$114,540$920,297
202470$5.57 million$74,435$452,675

Parker & Son, Inc. 401(k) Contact Information

Phone
251-368-3737
Mailing address
P.O. BOX 616, ATMORE AL 36504
Plan sponsor
PARKER & SON, INC.
Employer identification number (EIN)
63-1109244
Plan number
001

Questions about the Parker & Son, Inc. 401(k)

Does Parker & Son, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $74,435, 33% of all contributions.

Does the Parker & Son, Inc 401(k) have automatic enrollment?

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

How many people are in the Parker & Son, Inc 401(k) plan?

70 participants at the start of plan year 2024, 46 of them active employees.

What is the average 401(k) balance at Parker & Son, Inc?

About $129,475 per account: $5.57 million in plan assets across 43 accounts with a balance at the end of plan year 2024.

Who manages the Parker & Son, 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 Parker & Son, 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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