Pelican Products, Inc. 401(k) Plan: Login, Facts & Contact Information

Pelican Products, Inc. 401(k) Plan Facts

Plan name
PELICAN PRODUCTS 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PELICAN PRODUCTS, INC.
Participants
1,381 (1,224 active employees)
Former employees with a balance
488
Plan assets
$132,289,023 at Dec 31, 2024
Average account balance
$89,445 across 1,479 accounts
Employer contributions
$2,631,024 in plan year 2024 (28% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jun 30, 1973
✓ 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 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $9.31 million went into the plan in contributions, $2.63 million of it from the employer (28%).
  • $17.8 million was paid out to participants.
  • Investment and other income added $21.0 million.
  • Administrative expenses were $45,634, about $31 per account.

How the Pelican Products, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,116$116.6 million$1.95 million$11.0 million
20201,154$131.5 million$1.09 million$13.3 million
20211,200$140.2 million$2.44 million$17.7 million
20221,171$104.6 million$2.16 million$16.4 million
20231,375$119.8 million$2.38 million$15.3 million
20241,381$132.3 million$2.63 million$17.8 million

Pelican Products, Inc. 401(k) Contact Information

Phone
310-326-4700
Mailing address
23215 EARLY AVE., TORRANCE CA 90505
Plan sponsor
PELICAN PRODUCTS, INC.
Employer identification number (EIN)
95-3259634
Plan number
002

Questions about the Pelican Products, Inc. 401(k)

Does Pelican Products, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.63 million, 28% of all contributions.

Does the Pelican Products, Inc 401(k) have automatic enrollment?

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

How many people are in the Pelican Products, Inc 401(k) plan?

1,381 participants at the start of plan year 2024, 1,224 of them active employees, and 488 former employees who still had money in the plan.

What is the average 401(k) balance at Pelican Products, Inc?

About $89,445 per account: $132.3 million in plan assets across 1,479 accounts with a balance at the end of plan year 2024.

Who manages the Pelican Products, Inc 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 Pelican Products, Inc. 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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