Shimmick Contruction Co., Inc. 401(k) Plan: Login, Facts & Contact Information

Shimmick Contruction Co., Inc. 401(k) Plan Facts

Plan name
SHIMMICK CONSTRUCTION CO., INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SHIMMICK CONSTRUCTION CO., INC.
Participants
1,160 (556 active employees)
Former employees with a balance
308
Plan assets
$77,521,323 at Dec 31, 2024
Average account balance
$92,618 across 837 accounts
Employer contributions
$1,670,835 in plan year 2024 (20% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1991
✓ 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 Aug 22, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $8.40 million went into the plan in contributions, $1.67 million of it from the employer (20%).
  • $11.9 million was paid out to participants.
  • Investment and other income added $9.42 million.
  • Administrative expenses were $155,064, about $185 per account.

How the Shimmick Contruction Co., Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019414$50.8 million$1.13 million$2.21 million
2020466$54.1 million$953,433$6.92 million
20211,230$69.2 million$2.57 million$10.6 million
20221,214$61.2 million$2.63 million$7.12 million
20231,182$71.8 million$2.49 million$12.0 million
20241,160$77.5 million$1.67 million$11.9 million

Shimmick Contruction Co., Inc. 401(k) Contact Information

Phone
883-723-2021
Mailing address
530 TECHNOLOGY DR STE 300, IRVINE CA 926181350
Plan sponsor
SHIMMICK CONSTRUCTION CO., INC.
Employer identification number (EIN)
94-3107390
Plan number
001

Questions about the Shimmick Contruction Co., Inc. 401(k)

Does Shimmick Contruction Co., Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.67 million, 20% of all contributions.

Does the Shimmick Contruction Co., Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Shimmick Contruction Co., Inc 401(k) plan?

1,160 participants at the start of plan year 2024, 556 of them active employees, and 308 former employees who still had money in the plan.

What is the average 401(k) balance at Shimmick Contruction Co., Inc?

About $92,618 per account: $77.5 million in plan assets across 837 accounts with a balance at the end of plan year 2024.

Who manages the Shimmick Contruction Co., Inc 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 Shimmick Contruction Co., Inc. 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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