Peoples First Properties 401(k) Plan: Login, Facts & Contact Information

Peoples First Properties 401(k) Plan Facts

Plan name
PEOPLES FIRST PROPERTIES RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PEOPLES FIRST PROPERTIES, INC.
Participants
1,112 (884 active employees)
Former employees with a balance
136
Plan assets
$21,081,769 at Dec 31, 2024
Average account balance
$25,369 across 831 accounts
Employer contributions
$2,052,999 in plan year 2024 (50% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1988
✓ 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 Aug 25, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $4.09 million went into the plan in contributions, $2.05 million of it from the employer (50%).
  • $2.66 million was paid out to participants.
  • Investment and other income added $1.72 million.
  • Administrative expenses were $124,311, about $150 per account.

How the Peoples First Properties 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019886$12.0 million$474,538$729,398
2020918$14.0 million$507,610$1.16 million
20211,000$16.5 million$525,138$1.43 million
20221,049$15.2 million—$1.51 million
20231,276$18.1 million$900,691$1.76 million
20241,112$21.1 million$2.05 million$2.66 million

Peoples First Properties 401(k) Contact Information

Phone
850-914-3217
Mailing address
1022 W. 23RD STREET SUITE 300, PANAMA CITY FL 32405
Plan sponsor
PEOPLES FIRST PROPERTIES, INC.
Employer identification number (EIN)
59-3020789
Plan number
002

Questions about the Peoples First Properties 401(k)

Does Peoples First Properties contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.05 million, 50% of all contributions.

Does the Peoples First Properties 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Peoples First Properties 401(k) plan?

1,112 participants at the start of plan year 2024, 884 of them active employees, and 136 former employees who still had money in the plan.

What is the average 401(k) balance at Peoples First Properties?

About $25,369 per account: $21.1 million in plan assets across 831 accounts with a balance at the end of plan year 2024.

Who manages the Peoples First Properties 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 Peoples First Properties. 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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