Schuster Co Inc 401(k) Plan: Login, Facts & Contact Information

Schuster Co Inc 401(k) Plan Facts

Plan name
SCHUSTER CO INC 401(K) P/S
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SCHUSTER CO INC
Participants
604 (450 active employees)
Former employees with a balance
88
Plan assets
$15,342,673 at Dec 31, 2024
Average account balance
$31,440 across 488 accounts
Employer contributions
$493,186 in plan year 2024 (20% of all contributions)
Recordkeeper
Security National Bank
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Feb 1, 1989
✓ 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

  • $2.49 million went into the plan in contributions, $493,186 of it from the employer (20%).
  • $1.88 million was paid out to participants.
  • Investment and other income added $1.39 million.
  • Administrative expenses were $79,044, about $162 per account.

How the Schuster Co Inc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019572$9.80 million$395,088$865,959
2020656$10.9 million$329,782$1.54 million
2021577$12.4 million$410,481$1.62 million
2022587$11.0 million$413,788$1.11 million
2023582$13.4 million$417,237$1.61 million
2024604$15.3 million$493,186$1.88 million

Schuster Co Inc 401(k) Contact Information

Phone
712-546-5124
Mailing address
PO BOX 1110, LEMARS IA 51031
Plan sponsor
SCHUSTER CO INC
Employer identification number (EIN)
42-0933522
Plan number
001

Questions about the Schuster Co Inc 401(k)

Does Schuster Co Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $493,186, 20% of all contributions.

Does the Schuster Co Inc 401(k) have automatic enrollment?

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

How many people are in the Schuster Co Inc 401(k) plan?

604 participants at the start of plan year 2024, 450 of them active employees, and 88 former employees who still had money in the plan.

What is the average 401(k) balance at Schuster Co Inc?

About $31,440 per account: $15.3 million in plan assets across 488 accounts with a balance at the end of plan year 2024.

Who manages the Schuster Co Inc 401(k) accounts?

SECURITY NATIONAL BANK is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with SECURITY NATIONAL BANK 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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