Shermco Industries, Inc. 401(k) Plan: Login, Facts & Contact Information
Shermco Industries, Inc. 401(k) Login
176 former Shermco Industries, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Shermco Industries, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $12.0 million went into the plan in contributions, $2.45 million of it from the employer (21%).
- $13.3 million was paid out to participants.
- Investment and other income added $9.15 million.
- Administrative expenses were $197,745, about $230 per account.
How the Shermco Industries, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 937 | $50.8 million | $1.96 million | $3.55 million |
| 2020 | 1,021 | $48.7 million | $524,210 | $14.0 million |
| 2021 | 942 | $60.1 million | $1.85 million | $5.77 million |
| 2022 | 996 | $54.2 million | $2.31 million | $5.10 million |
| 2023 | 1,081 | $69.6 million | $2.47 million | $5.01 million |
| 2024 | 1,218 | $77.2 million | $2.45 million | $13.3 million |
Shermco Industries, Inc. 401(k) Contact Information
Questions about the Shermco Industries, Inc. 401(k)
Does Shermco Industries, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.45 million, 21% of all contributions.
Does the Shermco Industries, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Shermco Industries, Inc 401(k) plan?
1,218 participants at the start of plan year 2024, 1,083 of them active employees, and 176 former employees who still had money in the plan.
What is the average 401(k) balance at Shermco Industries, Inc?
About $89,809 per account: $77.2 million in plan assets across 860 accounts with a balance at the end of plan year 2024.
Who manages the Shermco Industries, Inc 401(k) accounts?
Schwab Retirement Plan Services (listed on the filing as SCHWAB RETIREMENT PLAN SERVICES INC) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Shermco Industries, Inc. How do I access my 401(k)?
Your account stays with Schwab Retirement Plan Services 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.