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

Schafer Industries Inc. 401(k) Plan Facts

Plan name
SCHAFER INDUSTRIES INC. 401K PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SCHAFER INDUSTRIES INC.
Participants
406 (295 active employees)
Former employees with a balance
81
Plan assets
$14,749,359 at Dec 31, 2024
Average account balance
$44,426 across 332 accounts
Employer contributions
$578,126 in plan year 2024 (35% of all contributions)
Recordkeeper
Fidelity Investments Institutional
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 Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.65 million went into the plan in contributions, $578,126 of it from the employer (35%).
  • $2.03 million was paid out to participants.
  • Investment and other income added $1.91 million.
  • Administrative expenses were $15,641, about $47 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019314$7.75 million$362,526$975,248
2020325$9.17 million$386,202$1.24 million
2021276$11.5 million$435,829$594,093
2022282$10.4 million$476,640$429,188
2023318$13.3 million$581,266$779,368
2024406$14.7 million$578,126$2.03 million

Schafer Industries Inc. 401(k) Contact Information

Phone
574-234-4116
Mailing address
4701 NIMTZ PKWY, SOUTH BEND IN 46628
Plan sponsor
SCHAFER INDUSTRIES INC.
Employer identification number (EIN)
35-1718069
Plan number
001

Questions about the Schafer Industries Inc. 401(k)

Does Schafer Industries Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $578,126, 35% of all contributions.

Does the Schafer Industries Inc 401(k) have automatic enrollment?

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

How many people are in the Schafer Industries Inc 401(k) plan?

406 participants at the start of plan year 2024, 295 of them active employees, and 81 former employees who still had money in the plan.

What is the average 401(k) balance at Schafer Industries Inc?

About $44,426 per account: $14.7 million in plan assets across 332 accounts with a balance at the end of plan year 2024.

Who manages the Schafer Industries Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Fidelity NetBenefits 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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