Spencer Industries Inc. 401(k) Plan: Login, Facts & Contact Information

Spencer Industries Inc. 401(k) Plan Facts

Plan name
SPENCER INDUSTRIES, INC. EMPLOYEE RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SPENCER INDUSTRIES, INC.
Participants
288 (209 active employees)
Former employees with a balance
48
Plan assets
$20,994,011 at Dec 31, 2024
Average account balance
$87,112 across 241 accounts
Employer contributions
$609,003 in plan year 2024 (39% of all contributions)
Recordkeeper
Sentry Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1989
✓ 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

  • $1.56 million went into the plan in contributions, $609,003 of it from the employer (39%).
  • $1.58 million was paid out to participants.
  • Investment and other income added $2.25 million.
  • Administrative expenses were $27,627, about $115 per account.

How the Spencer Industries Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019253$14.5 million$442,936$422,898
2020268$17.3 million$463,539$753,843
2021295$19.9 million$499,356$1.27 million
2022275$16.2 million$475,826$1.54 million
2023280$18.8 million$540,774$1.31 million
2024288$21.0 million$609,003$1.58 million

Spencer Industries Inc. 401(k) Contact Information

Phone
812-937-4561
Mailing address
902 BUFFALOVILLE ROAD, DALE IN 47523
Plan sponsor
SPENCER INDUSTRIES, INC.
Employer identification number (EIN)
35-1504846
Plan number
002

Questions about the Spencer Industries Inc. 401(k)

Does Spencer Industries Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $609,003, 39% of all contributions.

Does the Spencer Industries Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Spencer Industries Inc 401(k) plan?

288 participants at the start of plan year 2024, 209 of them active employees, and 48 former employees who still had money in the plan.

What is the average 401(k) balance at Spencer Industries Inc?

About $87,112 per account: $21.0 million in plan assets across 241 accounts with a balance at the end of plan year 2024.

Who manages the Spencer Industries Inc 401(k) accounts?

Newport (an Ascensus company) (listed on the filing as SENTRY LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Spencer Industries Inc. How do I access my 401(k)?

Your account stays with Newport (an Ascensus company) 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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