Room & Board, Inc. 401(k) Plan: Login, Facts & Contact Information

Room & Board, Inc. 401(k) Plan Facts

Plan name
ROOM & BOARD 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ROOM & BOARD, INC.
Participants
1,517 (1,051 active employees)
Former employees with a balance
314
Plan assets
$157,233,844 at Dec 31, 2024
Average account balance
$117,077 across 1,343 accounts
Employer contributions
$2,509,734 in plan year 2024 (20% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
May 1, 1987
✓ 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

  • $12.3 million went into the plan in contributions, $2.51 million of it from the employer (20%).
  • $10.3 million was paid out to participants.
  • Investment and other income added $15.5 million.
  • Administrative expenses were $171,581, about $128 per account.

How the Room & Board, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,293$101.6 million$1.87 million$5.35 million
20201,310$111.6 million$1.77 million$9.69 million
20211,294$128.7 million$2.14 million$7.42 million
20221,458$116.6 million$2.50 million$5.37 million
20231,576$139.9 million$2.80 million$7.69 million
20241,517$157.2 million$2.51 million$10.3 million

Room & Board, Inc. 401(k) Contact Information

Phone
763-588-7525
Mailing address
4600 OLSON MEMORIAL HWY, MINNEAPOLIS MN 554224822
Plan sponsor
ROOM & BOARD, INC.
Employer identification number (EIN)
41-1384146
Plan number
001

Questions about the Room & Board, Inc. 401(k)

Does Room & Board, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.51 million, 20% of all contributions.

Does the Room & Board, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Room & Board, Inc 401(k) plan?

1,517 participants at the start of plan year 2024, 1,051 of them active employees, and 314 former employees who still had money in the plan.

What is the average 401(k) balance at Room & Board, Inc?

About $117,077 per account: $157.2 million in plan assets across 1,343 accounts with a balance at the end of plan year 2024.

Who manages the Room & Board, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Room & Board, Inc. How do I access my 401(k)?

Your account stays with Principal 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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