Payroll & Insurance Group Inc 401(k) Plan: Login, Facts & Contact Information

Payroll & Insurance Group Inc 401(k) Plan Facts

Plan name
METAL COMPANIES 401(K) PLAN
Plan type
401(k) and profit sharing
Plan sponsor
PAYROLL & INSURANCE GROUP INC
Participants
1,521 (925 active employees)
Former employees with a balance
253
Plan assets
$159,161,764 at Dec 31, 2024
Average account balance
$133,525 across 1,192 accounts
Employer contributions
$6,198,537 in plan year 2024 (41% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 2001
— 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 2, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $15.2 million went into the plan in contributions, $6.20 million of it from the employer (41%).
  • $7.54 million was paid out to participants.
  • Investment and other income added $19.2 million.
  • Administrative expenses were $1,632, about $1 per account.

How the Payroll & Insurance Group Inc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,361$87.9 million$5.10 million$4.97 million
20201,481$103.4 million$5.10 million$9.54 million
20211,369$126.1 million$4.89 million$6.31 million
20221,410$109.7 million$5.25 million$6.28 million
20231,450$132.2 million$5.77 million$11.1 million
20241,521$159.2 million$6.20 million$7.54 million

Payroll & Insurance Group Inc 401(k) Contact Information

Phone
847-507-4228
Mailing address
555 SKOKIE BOULEVARD SUITE 555, NORTHBROOK IL 60062
Plan sponsor
PAYROLL & INSURANCE GROUP INC
Employer identification number (EIN)
01-0606601
Plan number
003

Questions about the Payroll & Insurance Group Inc 401(k)

Does Payroll & Insurance Group Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $6.20 million in employer contributions for plan year 2024.

Does the Payroll & Insurance Group Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Payroll & Insurance Group Inc 401(k) plan?

1,521 participants at the start of plan year 2024, 925 of them active employees, and 253 former employees who still had money in the plan.

What is the average 401(k) balance at Payroll & Insurance Group Inc?

About $133,525 per account: $159.2 million in plan assets across 1,192 accounts with a balance at the end of plan year 2024.

Who manages the Payroll & Insurance Group Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Payroll & Insurance Group 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: 58 PITTSTON AVENUE, PITTSTON, PA, 18640
Headquarter: 11691 GATEWAY BLVD STE 104, FORT MYERS, FL, 33913
Headquarter: 7950 LEGACY DRIVE 11TH FLOOR, PLANO, TX, 75024
Headquarter: TREASURY DEPARTMENT 56 TOP GALLANT RD 5602, STAMFORD, CT, 06902
Headquarter: 1514 JEFFERSON HWY., BH 543, NEW ORLEANS, LA, 701212429