Pride Manufacturing Company, Llc 401(k) Plan: Login, Facts & Contact Information

Pride Manufacturing Company, Llc 401(k) Plan Facts

Plan name
PRIDE MANUFACTURING COMPANY, LLC 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PRIDE MANUFACTURING COMPANY, LLC
Participants
408 (305 active employees)
Former employees with a balance
115
Plan assets
$21,552,179 at Dec 31, 2022
Average account balance
$56,716 across 380 accounts
Employer contributions
$466,580 in plan year 2022 (17% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 1, 1998
✓ 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 2022 (Jan 1, 2022 – Dec 31, 2022), filed Jul 31, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $2.79 million went into the plan in contributions, $466,580 of it from the employer (17%).
  • $2.25 million was paid out to participants.
  • Administrative expenses were $9,867, about $26 per account.

How the Pride Manufacturing Company, Llc 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017269$14.7 million$260,873$346,997
2018282$14.2 million$266,450$782,504
2019277$17.9 million$273,613$587,765
2020293$20.2 million$295,982$2.93 million
2021362$23.3 million$368,222$1.71 million
2022408$21.6 million$466,580$2.25 million

Pride Manufacturing Company, Llc 401(k) Contact Information

Phone
207-487-3322
Mailing address
10 NORTH MAIN STREET, BURNHAM ME 04922
Plan sponsor
PRIDE MANUFACTURING COMPANY, LLC
Employer identification number (EIN)
39-2019413
Plan number
005

Questions about the Pride Manufacturing Company, Llc 401(k)

Does Pride Manufacturing Company, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $466,580, 17% of all contributions.

Does the Pride Manufacturing Company, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Pride Manufacturing Company, Llc 401(k) plan?

408 participants at the start of plan year 2022, 305 of them active employees, and 115 former employees who still had money in the plan.

What is the average 401(k) balance at Pride Manufacturing Company, Llc?

About $56,716 per account: $21.6 million in plan assets across 380 accounts with a balance at the end of plan year 2022.

Who manages the Pride Manufacturing Company, Llc 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 Pride Manufacturing Company, Llc. 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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