Schneider Mills, Inc 401(k) Plan: Login, Facts & Contact Information

Schneider Mills, Inc 401(k) Plan Facts

Plan name
SCHNEIDER MILLS EMPLOYEES' TRUST
Plan type
401(k) and profit sharing
Plan sponsor
SCHNEIDER MILLS, INC
Participants
424 (334 active employees)
Former employees with a balance
64
Plan assets
$16,983,865 at Dec 31, 2024
Average account balance
$49,660 across 342 accounts
Employer contributions
$300,000 in plan year 2024 (34% of all contributions)
Recordkeeper
Ascensus Llc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 1, 1998
— 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 24, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $877,057 went into the plan in contributions, $300,000 of it from the employer (34%).
  • $609,818 was paid out to participants.
  • Investment and other income added $2.01 million.
  • Administrative expenses were $68,431, about $200 per account.

How the Schneider Mills, Inc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019344$12.8 million$300,000$1.11 million
2020373$14.7 million$300,000$734,927
2021368$16.2 million$300,000$1.15 million
2022380$13.6 million$300,000$858,197
2023417$14.8 million$300,000$1.77 million
2024424$17.0 million$300,000$609,818

Schneider Mills, Inc 401(k) Contact Information

Phone
828-632-8181
Mailing address
1170 HWY 16 NORTH, TAYLORSVILLE NC 28681
Plan sponsor
SCHNEIDER MILLS, INC
Employer identification number (EIN)
56-1577874
Plan number
002

Questions about the Schneider Mills, Inc 401(k)

Does Schneider Mills, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $300,000 in employer contributions for plan year 2024.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

424 participants at the start of plan year 2024, 334 of them active employees, and 64 former employees who still had money in the plan.

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

About $49,660 per account: $17.0 million in plan assets across 342 accounts with a balance at the end of plan year 2024.

Who manages the Schneider Mills, Inc 401(k) accounts?

Ascensus (listed on the filing as ASCENSUS LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Ascensus 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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