Profac, Inc. Dba Merritt Woodwork 401(k) Plan: Login, Facts & Contact Information
Profac, Inc. Dba Merritt Woodwork 401(k) Login
35 former Profac, Inc. Dba Merritt Woodwork employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2023 filing.
Profac, Inc. Dba Merritt Woodwork 401(k) Plan Facts
Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Jun 9, 2026. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2023
- $709,334 went into the plan in contributions, $189,618 of it from the employer (27%).
- $264,270 was paid out to participants.
- Investment and other income added $851,607.
- Administrative expenses were $20,433, about $179 per account.
How the Profac, Inc. Dba Merritt Woodwork 401(k) changed, 2018–2023
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2018 | 120 | $3.52 million | $166,434 | $99,176 |
| 2019 | 139 | $4.78 million | $169,546 | $116,818 |
| 2020 | 154 | $5.13 million | $169,542 | $835,325 |
| 2021 | 162 | $6.22 million | $161,584 | $234,168 |
| 2022 | 151 | $5.31 million | $181,528 | $499,297 |
| 2023 | 157 | $6.59 million | $189,618 | $264,270 |
Profac, Inc. Dba Merritt Woodwork 401(k) Contact Information
Questions about the Profac, Inc. Dba Merritt Woodwork 401(k)
Does Profac, Inc. Dba Merritt Woodwork contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $189,618, 27% of all contributions.
Does the Profac, Inc. Dba Merritt Woodwork 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Profac, Inc. Dba Merritt Woodwork 401(k) plan?
157 participants at the start of plan year 2023, 123 of them active employees, and 35 former employees who still had money in the plan.
What is the average 401(k) balance at Profac, Inc. Dba Merritt Woodwork?
About $57,795 per account: $6.59 million in plan assets across 114 accounts with a balance at the end of plan year 2023.
Who manages the Profac, Inc. Dba Merritt Woodwork 401(k) accounts?
Empower is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Profac, Inc. Dba Merritt Woodwork. 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.