Savage Companies 401(k) Plan: Login, Facts & Contact Information

Savage Companies 401(k) Plan Facts

Plan name
SAVAGE COMPANIES RETIREMENT & EMPLOYEE SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SAVAGE COMPANIES
Participants
4,775 (3,575 active employees)
Former employees with a balance
1,327
Plan assets
$345,805,176 at Dec 31, 2024
Average account balance
$70,630 across 4,896 accounts
Employer contributions
$6,973,951 in plan year 2024 (17% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1972
✓ 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 Jul 17, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $41.1 million went into the plan in contributions, $6.97 million of it from the employer (17%).
  • $35.9 million was paid out to participants.
  • Investment and other income added $40.1 million.
  • Administrative expenses were $608,431, about $124 per account.

How the Savage Companies 401(k) changed, 2018–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20183,903$159.0 million$9.54 million$17.6 million
20194,579$204.4 million$10.1 million$27.5 million
20214,751$331.3 million$6.39 million$26.3 million
20224,840$278.2 million$6.96 million$29.0 million
20235,311$301.1 million$6.89 million$50.4 million
20244,775$345.8 million$6.97 million$35.9 million

Savage Companies 401(k) Contact Information

Phone
801-944-6600
Mailing address
901 W. LEGACY CENTER WAY, MIDVALE UT 84047
Plan sponsor
SAVAGE COMPANIES
Employer identification number (EIN)
87-0387049
Plan number
001

Questions about the Savage Companies 401(k)

Does Savage Companies contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $6.97 million, 17% of all contributions.

Does the Savage Companies 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Savage Companies 401(k) plan?

4,775 participants at the start of plan year 2024, 3,575 of them active employees, and 1,327 former employees who still had money in the plan.

What is the average 401(k) balance at Savage Companies?

About $70,630 per account: $345.8 million in plan assets across 4,896 accounts with a balance at the end of plan year 2024.

Who manages the Savage Companies 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Savage Companies. How do I access my 401(k)?

Your account stays with Vanguard 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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