State Industrial Products 401(k) Plan: Login, Facts & Contact Information

State Industrial Products 401(k) Plan Facts

Plan name
STATE INDUSTRIAL PRODUCTS SAVINGS AND INVESTMENT PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
STATE INDUSTRIAL PRODUCTS
Participants
809 (545 active employees)
Former employees with a balance
281
Plan assets
$83,658,362 at Dec 31, 2024
Average account balance
$104,967 across 797 accounts
Employer contributions
$1,015,862 in plan year 2024 (22% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
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 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $4.61 million went into the plan in contributions, $1.02 million of it from the employer (22%).
  • $8.88 million was paid out to participants.
  • Investment and other income added $9.92 million.
  • Administrative expenses were $98,856, about $124 per account.

How the State Industrial Products 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019798$68.4 million$840,879$4.71 million
2020822$77.6 million$917,234$5.98 million
2021801$87.8 million$886,844$5.27 million
2022787$66.7 million$813,139$10.7 million
2023797$78.1 million$879,228$4.94 million
2024809$83.7 million$1.02 million$8.88 million

State Industrial Products 401(k) Contact Information

Phone
440-544-5127
Mailing address
5915 LANDERBROOK DRIVE, MAYFIELD HEIGHTS OH 44124
Plan sponsor
STATE INDUSTRIAL PRODUCTS
Employer identification number (EIN)
34-0552740
Plan number
001

Questions about the State Industrial Products 401(k)

Does State Industrial Products contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.02 million, 22% of all contributions.

Does the State Industrial Products 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the State Industrial Products 401(k) plan?

809 participants at the start of plan year 2024, 545 of them active employees, and 281 former employees who still had money in the plan.

What is the average 401(k) balance at State Industrial Products?

About $104,967 per account: $83.7 million in plan assets across 797 accounts with a balance at the end of plan year 2024.

Who manages the State Industrial Products 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at State Industrial Products. How do I access my 401(k)?

Your account stays with Vanguard 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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