Picut Industries, Inc 401(k) Plan: Login, Facts & Contact Information

Picut Industries, Inc 401(k) Plan Facts

Plan name
PICUT INDUSTRIES, INC. 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PICUT INDUSTRIES, INC.
Participants
420 (380 active employees)
Former employees with a balance
58
Plan assets
$39,851,735 at Dec 31, 2024
Average account balance
$101,663 across 392 accounts
Employer contributions
$877,718 in plan year 2024 (31% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1989
✓ 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 Jul 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.87 million went into the plan in contributions, $877,718 of it from the employer (31%).
  • $2.26 million was paid out to participants.
  • Investment and other income added $3.86 million.
  • Administrative expenses were $118,768, about $303 per account.

How the Picut Industries, Inc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019370$27.8 million$495,163$1.74 million
2020384$32.1 million$626,336$1.08 million
2021392$35.1 million$725,210$2.69 million
2022392$30.2 million$759,938$2.15 million
2023393$35.5 million$827,608$2.34 million
2024420$39.9 million$877,718$2.26 million

Picut Industries, Inc 401(k) Contact Information

Phone
908-789-2467
Mailing address
443 NORTH AVE, GARWOOD NJ 07027
Plan sponsor
PICUT INDUSTRIES, INC.
Employer identification number (EIN)
22-3146919
Plan number
001

Questions about the Picut Industries, Inc 401(k)

Does Picut Industries, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $877,718, 31% of all contributions.

Does the Picut Industries, Inc 401(k) have automatic enrollment?

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

How many people are in the Picut Industries, Inc 401(k) plan?

420 participants at the start of plan year 2024, 380 of them active employees, and 58 former employees who still had money in the plan.

What is the average 401(k) balance at Picut Industries, Inc?

About $101,663 per account: $39.9 million in plan assets across 392 accounts with a balance at the end of plan year 2024.

Who manages the Picut Industries, 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 Picut Industries, 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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