Sames Motor Company, Inc. 401(k) Plan: Login, Facts & Contact Information

Sames Motor Company, Inc. 401(k) Plan Facts

Plan name
SAMES MOTOR COMPANY, INC. SALARY DEFERRAL 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SAMES MOTOR COMPANY, INC.
Participants
682 (588 active employees)
Former employees with a balance
109
Plan assets
$21,046,635 at Dec 31, 2024
Average account balance
$31,554 across 667 accounts
Employer contributions
$593,399 in plan year 2024 (17% of all contributions)
Recordkeeper
Stancorp Financial Group
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Dec 12, 1973
✓ 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 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.57 million went into the plan in contributions, $593,399 of it from the employer (17%).
  • $3.09 million was paid out to participants.
  • Investment and other income added $2.50 million.
  • Administrative expenses were $118,693, about $178 per account.

How the Sames Motor Company, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019508$10.1 million$308,106$806,953
2020506$11.4 million$295,537$1.56 million
2021463$13.9 million$305,230$1.03 million
2022467$14.5 million$415,126$993,349
2023711$18.2 million$593,381$1.18 million
2024682$21.0 million$593,399$3.09 million

Sames Motor Company, Inc. 401(k) Contact Information

Phone
956-721-4700
Mailing address
6001 SAN DARIO AVENUE, LAREDO TX 78041
Plan sponsor
SAMES MOTOR COMPANY, INC.
Employer identification number (EIN)
74-1493789
Plan number
001

Questions about the Sames Motor Company, Inc. 401(k)

Does Sames Motor Company, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $593,399, 17% of all contributions.

Does the Sames Motor Company, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Sames Motor Company, Inc 401(k) plan?

682 participants at the start of plan year 2024, 588 of them active employees, and 109 former employees who still had money in the plan.

What is the average 401(k) balance at Sames Motor Company, Inc?

About $31,554 per account: $21.0 million in plan assets across 667 accounts with a balance at the end of plan year 2024.

Who manages the Sames Motor Company, Inc 401(k) accounts?

The Standard (listed on the filing as STANCORP FINANCIAL GROUP) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Sames Motor Company, Inc. How do I access my 401(k)?

Your account stays with The Standard 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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