Schostak Brothers & Company, Inc. 401(k) Plan: Login, Facts & Contact Information

Schostak Brothers & Company, Inc. 401(k) Plan Facts

Plan name
SCHOSTAK BROTHERS & COMPANY, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SCHOSTAK BROTHERS & COMPANY, INC.
Participants
76 (52 active employees)
Plan assets
$9,732,032 at Dec 31, 2024
Average account balance
$176,946 across 55 accounts
Employer contributions
$130,814 in plan year 2024 (18% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1994
✓ 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-SF for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 22, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $729,757 went into the plan in contributions, $130,814 of it from the employer (18%).
  • $1.20 million was paid out to participants.
  • Investment and other income added $1.05 million.

How the Schostak Brothers & Company, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201987$8.46 million$136,560$1.34 million
202085$8.36 million$148,632$1.56 million
202177$9.75 million$0$248,334
202278$8.59 million$145,062$387,502
202375$9.20 million$148,718$1.21 million
202476$9.73 million$130,814$1.20 million

Schostak Brothers & Company, Inc. 401(k) Contact Information

Phone
248-262-1000
Mailing address
17800 LAUREL PARK DRIVE NORTH SUITE, LIVONIA MI 48152
Plan sponsor
SCHOSTAK BROTHERS & COMPANY, INC.
Employer identification number (EIN)
38-1804191
Plan number
001

Questions about the Schostak Brothers & Company, Inc. 401(k)

Does Schostak Brothers & Company, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $130,814, 18% of all contributions.

Does the Schostak Brothers & Company, Inc 401(k) have automatic enrollment?

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

How many people are in the Schostak Brothers & Company, Inc 401(k) plan?

76 participants at the start of plan year 2024, 52 of them active employees.

What is the average 401(k) balance at Schostak Brothers & Company, Inc?

About $176,946 per account: $9.73 million in plan assets across 55 accounts with a balance at the end of plan year 2024.

Who manages the Schostak Brothers & Company, Inc 401(k) accounts?

WACHOVIA BANK, N.A. is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Schostak Brothers & Company, Inc. How do I access my 401(k)?

Your account stays with WACHOVIA BANK, N.A. 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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