Star Cutter Co. 401(k) Plan: Login, Facts & Contact Information

Star Cutter Co. 401(k) Plan Facts

Plan name
STAR CUTTER COMPANY & SUBSIDIARIES 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
STAR CUTTER CO.
Participants
496 (404 active employees)
Former employees with a balance
85
Plan assets
$37,237,768 at Dec 31, 2024
Average account balance
$81,305 across 458 accounts
Employer contributions
$891,926 in plan year 2024 (28% of all contributions)
Recordkeeper
Newport Group, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1990
✓ 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 6, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.21 million went into the plan in contributions, $891,926 of it from the employer (28%).
  • $4.63 million was paid out to participants.
  • Investment and other income added $5.18 million.
  • Administrative expenses were $61,989, about $135 per account.

How the Star Cutter Co. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019580$32.6 million$883,749$3.30 million
2020609$35.4 million$688,041$3.94 million
2021563$36.8 million$393,076$4.60 million
2022471$30.4 million$740,751$1.92 million
2023505$33.5 million$762,228$4.00 million
2024496$37.2 million$891,926$4.63 million

Star Cutter Co. 401(k) Contact Information

Phone
248-474-8200
Mailing address
23461 INDUSTRIAL PARK DRIVE P.O. BOX 376, FARMINGTON HILLS MI 483320376
Plan sponsor
STAR CUTTER CO.
Employer identification number (EIN)
38-1325280
Plan number
002

Questions about the Star Cutter Co. 401(k)

Does Star Cutter Co contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $891,926, 28% of all contributions.

Does the Star Cutter Co 401(k) have automatic enrollment?

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

How many people are in the Star Cutter Co 401(k) plan?

496 participants at the start of plan year 2024, 404 of them active employees, and 85 former employees who still had money in the plan.

What is the average 401(k) balance at Star Cutter Co?

About $81,305 per account: $37.2 million in plan assets across 458 accounts with a balance at the end of plan year 2024.

Who manages the Star Cutter Co 401(k) accounts?

Newport (an Ascensus company) (listed on the filing as NEWPORT GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Star Cutter Co. 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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