Simaren Corporation Dba Wisdom Protective Services 401(k) Plan: Login, Facts & Contact Information

Simaren Corporation Dba Wisdom Protective Services 401(k) Plan Facts

Plan name
WISDOM PROTECTIVE SERVICES RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SIMAREN CORPORATION
Participants
436 (415 active employees)
Former employees with a balance
315
Plan assets
$2,497,278 at Dec 31, 2024
Average account balance
$4,204 across 594 accounts
Employer contributions
$295,342 in plan year 2024 (93% of all contributions)
Recordkeeper
Nationwide
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2012
✓ 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

  • $317,300 went into the plan in contributions, $295,342 of it from the employer (93%).
  • $843,404 was paid out to participants.
  • Investment and other income added $284,625.
  • Administrative expenses were $58,257, about $98 per account.

How the Simaren Corporation Dba Wisdom Protective Services 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019119$1.75 million$656,830$139,809
2020368$2.34 million$854,861$541,567
2021578$3.38 million$1.09 million$337,796
2022673$3.02 million$896,872$612,648
2023771$2.80 million$688,763$1.49 million
2024436$2.50 million$295,342$843,404

Simaren Corporation Dba Wisdom Protective Services 401(k) Contact Information

Phone
718-766-5392
Mailing address
837 OLD COUNTRY ROAD, WESTBURY NY 11590
Plan sponsor
SIMAREN CORPORATION
Employer identification number (EIN)
06-1670816
Plan number
001

Questions about the Simaren Corporation Dba Wisdom Protective Services 401(k)

Does Simaren Corporation Dba Wisdom Protective Services contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $295,342, 93% of all contributions.

Does the Simaren Corporation Dba Wisdom Protective Services 401(k) have automatic enrollment?

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

How many people are in the Simaren Corporation Dba Wisdom Protective Services 401(k) plan?

436 participants at the start of plan year 2024, 415 of them active employees, and 315 former employees who still had money in the plan.

What is the average 401(k) balance at Simaren Corporation Dba Wisdom Protective Services?

About $4,204 per account: $2.50 million in plan assets across 594 accounts with a balance at the end of plan year 2024.

Who manages the Simaren Corporation Dba Wisdom Protective Services 401(k) accounts?

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

I no longer work at Simaren Corporation Dba Wisdom Protective Services. How do I access my 401(k)?

Your account stays with Nationwide 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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