State Collection Service, Inc. 401(k) Plan: Login, Facts & Contact Information

State Collection Service, Inc. 401(k) Plan Facts

Plan name
STATE COLLECTION SERVICE, INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
STATE COLLECTION SERVICE, INC.
Participants
746 (517 active employees)
Former employees with a balance
55
Plan assets
$21,368,545 at Dec 31, 2024
Average account balance
$51,615 across 414 accounts
Employer contributions
$942,293 in plan year 2024 (51% of all contributions)
Recordkeeper
Trust Point Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1983
✓ 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 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.87 million went into the plan in contributions, $942,293 of it from the employer (51%).
  • $1.58 million was paid out to participants.
  • Investment and other income added $2.04 million.
  • Administrative expenses were $95,861, about $232 per account.

How the State Collection Service, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019698$14.2 million$845,615$918,589
2020566$16.7 million$986,241$1.35 million
2021529$20.0 million$837,755$551,477
2022643$17.2 million$837,732$1.58 million
2023691$19.1 million$908,027$2.23 million
2024746$21.4 million$942,293$1.58 million

State Collection Service, Inc. 401(k) Contact Information

Phone
608-661-3000
Mailing address
2509 SOUTH STOUGHTON ROAD, MADISON WI 53716
Plan sponsor
STATE COLLECTION SERVICE, INC.
Employer identification number (EIN)
39-0788995
Plan number
001

Questions about the State Collection Service, Inc. 401(k)

Does State Collection Service, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $942,293, 51% of all contributions.

Does the State Collection Service, Inc 401(k) have automatic enrollment?

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

How many people are in the State Collection Service, Inc 401(k) plan?

746 participants at the start of plan year 2024, 517 of them active employees, and 55 former employees who still had money in the plan.

What is the average 401(k) balance at State Collection Service, Inc?

About $51,615 per account: $21.4 million in plan assets across 414 accounts with a balance at the end of plan year 2024.

Who manages the State Collection Service, Inc 401(k) accounts?

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

I no longer work at State Collection Service, Inc. How do I access my 401(k)?

Your account stays with TRUST POINT INC. 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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