Penn-plax, Inc. 401(k) Plan: Login, Facts & Contact Information

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Penn-plax, Inc. 401(k) Plan Facts

Plan name
PENN-PLAX, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PENN-PLAX, INC.
Participants
59 (41 active employees)
Plan assets
$5,646,150 at Dec 31, 2024
Average account balance
$125,470 across 45 accounts
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
May 31, 1964
✓ 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 May 7, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $319,020 went into the plan in contributions.
  • $933,000 was paid out to participants.
  • Investment and other income added $663,491.

How the Penn-plax, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201950$3.85 million$0$275,831
202052$4.46 million$0$22,622
202151$5.34 million$0$23,363
202252$4.54 million$113,332$244,945
202354$5.63 million$111,875$15,387
202459$5.65 million—$933,000

Penn-plax, Inc. 401(k) Contact Information

Phone
631-273-3787
Mailing address
35 MARCUS BLVD, HAUPPAUGE NY 117883733
Plan sponsor
PENN-PLAX, INC.
Employer identification number (EIN)
11-1959926
Plan number
001

Questions about the Penn-plax, Inc. 401(k)

Does Penn-plax, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Penn-plax, Inc 401(k) have automatic enrollment?

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

How many people are in the Penn-plax, Inc 401(k) plan?

59 participants at the start of plan year 2024, 41 of them active employees.

What is the average 401(k) balance at Penn-plax, Inc?

About $125,470 per account: $5.65 million in plan assets across 45 accounts with a balance at the end of plan year 2024.

Who manages the Penn-plax, 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 Penn-plax, 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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