Phoenix Mecano, Inc. 401(k) Plan: Login, Facts & Contact Information

Phoenix Mecano, Inc. 401(k) Plan Facts

Plan name
PHOENIX MECANO, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PHOENIX MECANO, INC.
Participants
114 (73 active employees)
Former employees with a balance
36
Plan assets
$5,544,867 at Dec 31, 2024
Average account balance
$52,808 across 105 accounts
Employer contributions
$191,182 in plan year 2024 (35% of all contributions)
Recordkeeper
John Hancock Life Insurance Co Usa
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 1, 1997
✓ 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

  • $548,672 went into the plan in contributions, $191,182 of it from the employer (35%).
  • $588,158 was paid out to participants.
  • Investment and other income added $632,987.
  • Administrative expenses were $23,799, about $227 per account.

How the Phoenix Mecano, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019187$6.30 million$212,912$569,810
2020178$6.18 million$179,293$1.49 million
2021160$6.46 million$199,357$1.18 million
2022159$4.48 million$163,914$626,308
2023117$5.22 million$208,830$556,284
2024114$5.54 million$191,182$588,158

Phoenix Mecano, Inc. 401(k) Contact Information

Phone
301-228-3303
Mailing address
7330 EXECUTIVE WAY, FREDERICK MD 21704
Plan sponsor
PHOENIX MECANO, INC.
Employer identification number (EIN)
52-1221016
Plan number
001

Questions about the Phoenix Mecano, Inc. 401(k)

Does Phoenix Mecano, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $191,182, 35% of all contributions.

Does the Phoenix Mecano, Inc 401(k) have automatic enrollment?

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

How many people are in the Phoenix Mecano, Inc 401(k) plan?

114 participants at the start of plan year 2024, 73 of them active employees, and 36 former employees who still had money in the plan.

What is the average 401(k) balance at Phoenix Mecano, Inc?

About $52,808 per account: $5.54 million in plan assets across 105 accounts with a balance at the end of plan year 2024.

Who manages the Phoenix Mecano, Inc 401(k) accounts?

John Hancock (listed on the filing as JOHN HANCOCK LIFE INSURANCE CO USA) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Phoenix Mecano, Inc. How do I access my 401(k)?

Your account stays with John Hancock 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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