Scott Electric Co. 401(k) Plan: Login, Facts & Contact Information

Scott Electric Co. 401(k) Plan Facts

Plan name
SCOTT ELECTRIC CO. 401(K) & PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SCOTT ELECTRIC CO.
Participants
167 (136 active employees)
Former employees with a balance
46
Plan assets
$7,104,282 at Dec 31, 2024
Average account balance
$53,416 across 133 accounts
Employer contributions
$123,440 in plan year 2024 (27% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Mar 1, 2007
✓ 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 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $462,833 went into the plan in contributions, $123,440 of it from the employer (27%).
  • $509,598 was paid out to participants.
  • Investment and other income added $693,525.
  • Administrative expenses were $10,804, about $81 per account.

How the Scott Electric Co. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019168$6.03 million$134,730$272,361
2020161$6.60 million$123,455$822,882
2021166$7.63 million$115,056$308,900
2022177$5.83 million$122,642$973,757
2023162$6.47 million$128,418$641,726
2024167$7.10 million$123,440$509,598

Scott Electric Co. 401(k) Contact Information

Phone
361-884-6326
Mailing address
2001 N PORT AVENUE, CORPUS CHRISTI TX 78401
Plan sponsor
SCOTT ELECTRIC CO.
Employer identification number (EIN)
74-1229233
Plan number
001

Questions about the Scott Electric Co. 401(k)

Does Scott Electric Co contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $123,440, 27% of all contributions.

Does the Scott Electric Co 401(k) have automatic enrollment?

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

How many people are in the Scott Electric Co 401(k) plan?

167 participants at the start of plan year 2024, 136 of them active employees, and 46 former employees who still had money in the plan.

What is the average 401(k) balance at Scott Electric Co?

About $53,416 per account: $7.10 million in plan assets across 133 accounts with a balance at the end of plan year 2024.

Who manages the Scott Electric Co 401(k) accounts?

John Hancock is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with John Hancock 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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