Saf-gard Safety Shoe Co., Inc. 401(k) Plan: Login, Facts & Contact Information

Saf-gard Safety Shoe Co., Inc. 401(k) Plan Facts

Plan name
SAF-GARD SAFETY SHOE CO., INC. RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SAF-GARD SAFETY SHOE CO., INC.
Participants
397 (404 active employees)
Former employees with a balance
8
Plan assets
$12,655,703 at Dec 31, 2024
Average account balance
$60,845 across 208 accounts
Employer contributions
$336,868 in plan year 2024 (25% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 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 Sep 4, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.35 million went into the plan in contributions, $336,868 of it from the employer (25%).
  • $833,303 was paid out to participants.
  • Investment and other income added $1.36 million.
  • Administrative expenses were $62,842, about $302 per account.

How the Saf-gard Safety Shoe Co., Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019319$7.21 million$202,558$353,167
2020338$8.33 million$180,002$386,680
2021311$11.1 million$214,693$403,030
2022296$9.30 million$257,217$1.00 million
2023363$10.9 million$288,801$988,944
2024397$12.7 million$336,868$833,303

Saf-gard Safety Shoe Co., Inc. 401(k) Contact Information

Phone
336-299-1688
Mailing address
PO BOX 10379, GREENSBORO NC 274040379
Plan sponsor
SAF-GARD SAFETY SHOE CO., INC.
Employer identification number (EIN)
58-1400677
Plan number
001

Questions about the Saf-gard Safety Shoe Co., Inc. 401(k)

Does Saf-gard Safety Shoe Co., Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $336,868, 25% of all contributions.

Does the Saf-gard Safety Shoe Co., Inc 401(k) have automatic enrollment?

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

How many people are in the Saf-gard Safety Shoe Co., Inc 401(k) plan?

397 participants at the start of plan year 2024, 404 of them active employees, and 8 former employees who still had money in the plan.

What is the average 401(k) balance at Saf-gard Safety Shoe Co., Inc?

About $60,845 per account: $12.7 million in plan assets across 208 accounts with a balance at the end of plan year 2024.

Who manages the Saf-gard Safety Shoe Co., 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 Saf-gard Safety Shoe Co., 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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