Scott Equipment Company, Llc 401(k) Plan: Login, Facts & Contact Information

Scott Equipment Company, Llc 401(k) Plan Facts

Plan name
SCOTT COMPANIES PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SCOTT EQUIPMENT COMPANY, LLC
Participants
478 (350 active employees)
Former employees with a balance
100
Plan assets
$59,466,306 at Dec 31, 2024
Average account balance
$132,737 across 448 accounts
Employer contributions
$2,046,868 in plan year 2024 (39% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1963
✓ 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 6, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $5.28 million went into the plan in contributions, $2.05 million of it from the employer (39%).
  • $4.50 million was paid out to participants.
  • Investment and other income added $6.89 million.
  • Administrative expenses were $76,919, about $172 per account.

How the Scott Equipment Company, Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019514$40.0 million$1.59 million$4.71 million
2020531$46.2 million$1.43 million$2.53 million
2021451$51.7 million$3.52 million$6.10 million
2022453$43.2 million$1.70 million$4.23 million
2023470$51.9 million$1.92 million$3.54 million
2024478$59.5 million$2.05 million$4.50 million

Scott Equipment Company, Llc 401(k) Contact Information

Phone
318-388-9200
Mailing address
1000 MARTIN LUTHER KING JR DRIVE, MONROE LA 71203
Plan sponsor
SCOTT EQUIPMENT COMPANY, LLC
Employer identification number (EIN)
72-6029611
Plan number
001

Questions about the Scott Equipment Company, Llc 401(k)

Does Scott Equipment Company, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.05 million, 39% of all contributions.

Does the Scott Equipment Company, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Scott Equipment Company, Llc 401(k) plan?

478 participants at the start of plan year 2024, 350 of them active employees, and 100 former employees who still had money in the plan.

What is the average 401(k) balance at Scott Equipment Company, Llc?

About $132,737 per account: $59.5 million in plan assets across 448 accounts with a balance at the end of plan year 2024.

Who manages the Scott Equipment Company, Llc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Scott Equipment Company, Llc. How do I access my 401(k)?

Your account stays with Principal 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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