Simco Electronics 401(k) Plan: Login, Facts & Contact Information

Simco Electronics 401(k) Plan Facts

Plan name
SIMCO PROFIT SHARING 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SIMCO ELECTRONICS
Participants
515 (320 active employees)
Former employees with a balance
164
Plan assets
$26,797,303 at Dec 31, 2024
Average account balance
$59,682 across 449 accounts
Employer contributions
$154,955 in plan year 2024 (8% of all contributions)
Recordkeeper
Adp, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1981
✓ 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

  • $1.96 million went into the plan in contributions, $154,955 of it from the employer (8%).
  • $4.46 million was paid out to participants.
  • Investment and other income added $3.31 million.
  • Administrative expenses were $136,354, about $304 per account.

How the Simco Electronics 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019451$19.1 million$154,118$2.03 million
2020443$21.6 million$171,447$1.69 million
2021445$25.0 million$144,588$1.46 million
2022465$21.9 million$172,478$998,368
2023502$26.2 million$192,121$1.17 million
2024515$26.8 million$154,955$4.46 million

Simco Electronics 401(k) Contact Information

Phone
408-734-9750
Mailing address
3131 JAY STREET STE. 100, SANTA CLARA CA 95054
Plan sponsor
SIMCO ELECTRONICS
Employer identification number (EIN)
94-1617912
Plan number
001

Questions about the Simco Electronics 401(k)

Does Simco Electronics contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $154,955, 8% of all contributions.

Does the Simco Electronics 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Simco Electronics 401(k) plan?

515 participants at the start of plan year 2024, 320 of them active employees, and 164 former employees who still had money in the plan.

What is the average 401(k) balance at Simco Electronics?

About $59,682 per account: $26.8 million in plan assets across 449 accounts with a balance at the end of plan year 2024.

Who manages the Simco Electronics 401(k) accounts?

ADP Retirement Services (listed on the filing as ADP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Simco Electronics. How do I access my 401(k)?

Your account stays with ADP Retirement 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.

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