Preston Management, Inc. 401(k) Plan: Login, Facts & Contact Information

Preston Management, Inc. 401(k) Plan Facts

Plan name
PRESTON MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PRESTON MANAGEMENT, INC.
Participants
392 (370 active employees)
Former employees with a balance
70
Plan assets
$22,224,958 at Dec 31, 2024
Average account balance
$89,980 across 247 accounts
Employer contributions
$416,661 in plan year 2024 (26% of all contributions)
Recordkeeper
John Hancock Life Ins Co Usa
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1977
✓ 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 9, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.61 million went into the plan in contributions, $416,661 of it from the employer (26%).
  • $1.25 million was paid out to participants.
  • Investment and other income added $2.97 million.
  • Administrative expenses were $114,422, about $463 per account.

How the Preston Management, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019359$13.6 million$267,136$948,520
2020351$15.6 million$295,859$1.34 million
2021420$18.9 million$412,456$592,933
2022422$16.8 million$485,928$454,339
2023416$19.1 million$386,992$1.91 million
2024392$22.2 million$416,661$1.25 million

Preston Management, Inc. 401(k) Contact Information

Phone
724-658-9610
Mailing address
1500 WILMINGTON ROAD, NEW CASTLE PA 161052052
Plan sponsor
PRESTON MANAGEMENT, INC.
Employer identification number (EIN)
25-1848938
Plan number
001

Questions about the Preston Management, Inc. 401(k)

Does Preston Management, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $416,661, 26% of all contributions.

Does the Preston Management, Inc 401(k) have automatic enrollment?

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

How many people are in the Preston Management, Inc 401(k) plan?

392 participants at the start of plan year 2024, 370 of them active employees, and 70 former employees who still had money in the plan.

What is the average 401(k) balance at Preston Management, Inc?

About $89,980 per account: $22.2 million in plan assets across 247 accounts with a balance at the end of plan year 2024.

Who manages the Preston Management, Inc 401(k) accounts?

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

I no longer work at Preston Management, 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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