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

Sandvik, Inc. 401(k) Plan Facts

Plan name
SANDVIK 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SANDVIK, INC.
Participants
4,343 (2,603 active employees)
Former employees with a balance
1,307
Plan assets
$693,014,267 at Dec 31, 2024
Average account balance
$166,470 across 4,163 accounts
Employer contributions
$23,345,874 in plan year 2024 (48% of all contributions)
Recordkeeper
T Rowe Price Rps Inc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2007
✓ 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

  • $48.7 million went into the plan in contributions, $23.3 million of it from the employer (48%).
  • $67.7 million was paid out to participants.
  • Investment and other income added $74.9 million.
  • Administrative expenses were $179,397, about $43 per account.

How the Sandvik, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20194,341$599.4 million$13.6 million$66.4 million
20204,378$667.3 million$12.8 million$72.9 million
20214,320$648.7 million$15.8 million$60.3 million
20223,996$539.8 million$21.2 million$50.0 million
20234,235$624.0 million$22.5 million$58.9 million
20244,343$693.0 million$23.3 million$67.7 million

Sandvik, Inc. 401(k) Contact Information

Phone
984-296-5337
Mailing address
1483 DOGWOOD WAY, MEBANE NC 27302
Plan sponsor
SANDVIK, INC.
Employer identification number (EIN)
22-1717737
Plan number
006

Questions about the Sandvik, Inc. 401(k)

Does Sandvik, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $23.3 million, 48% of all contributions.

Does the Sandvik, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Sandvik, Inc 401(k) plan?

4,343 participants at the start of plan year 2024, 2,603 of them active employees, and 1,307 former employees who still had money in the plan.

What is the average 401(k) balance at Sandvik, Inc?

About $166,470 per account: $693.0 million in plan assets across 4,163 accounts with a balance at the end of plan year 2024.

Who manages the Sandvik, Inc 401(k) accounts?

T. Rowe Price (listed on the filing as T ROWE PRICE RPS INC) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with T. Rowe Price 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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