Plasser American Corporation 401(k) Plan: Login, Facts & Contact Information

Plasser American Corporation 401(k) Plan Facts

Plan name
PLASSER AMERICAN CORPORATION 401K SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PLASSER AMERICAN CORPORATION
Participants
453 (316 active employees)
Former employees with a balance
75
Plan assets
$41,213,789 at Dec 31, 2024
Average account balance
$104,339 across 395 accounts
Employer contributions
$691,947 in plan year 2024 (27% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1990
✓ 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 6, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.55 million went into the plan in contributions, $691,947 of it from the employer (27%).
  • $5.97 million was paid out to participants.
  • Investment and other income added $4.32 million.
  • Administrative expenses were $12,081, about $31 per account.

How the Plasser American Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019294$37.5 million$477,975$5.50 million
2020353$39.6 million$527,122$3.83 million
2021367$42.5 million$550,570$4.40 million
2022415$36.4 million$592,425$3.98 million
2023420$40.3 million$759,162$3.51 million
2024453$41.2 million$691,947$5.97 million

Plasser American Corporation 401(k) Contact Information

Phone
757-543-3526
Mailing address
2428 JOSEF THEURER LANE PO BOX 5464, CHESAPEAKE VA 23324
Plan sponsor
PLASSER AMERICAN CORPORATION
Employer identification number (EIN)
36-2444975
Plan number
002

Questions about the Plasser American Corporation 401(k)

Does Plasser American Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $691,947, 27% of all contributions.

Does the Plasser American Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Plasser American Corporation 401(k) plan?

453 participants at the start of plan year 2024, 316 of them active employees, and 75 former employees who still had money in the plan.

What is the average 401(k) balance at Plasser American Corporation?

About $104,339 per account: $41.2 million in plan assets across 395 accounts with a balance at the end of plan year 2024.

Who manages the Plasser American Corporation 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Plasser American Corporation. How do I access my 401(k)?

Your account stays with Empower 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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