Stowers Machinery Corporation 401(k) Plan: Login, Facts & Contact Information

Stowers Machinery Corporation 401(k) Plan Facts

Plan name
STOWERS MACHINERY CORPORATION 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
STOWERS MACHINERY CORPORATION
Participants
588 (500 active employees)
Former employees with a balance
70
Plan assets
$87,427,408 at Dec 31, 2024
Average account balance
$152,313 across 574 accounts
Employer contributions
$2,223,756 in plan year 2024 (35% of all contributions)
Recordkeeper
Nationwide
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1965
✓ 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 Sep 2, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $6.32 million went into the plan in contributions, $2.22 million of it from the employer (35%).
  • $9.05 million was paid out to participants.
  • Investment and other income added $9.48 million.
  • Administrative expenses were $302,478, about $527 per account.

How the Stowers Machinery Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019408$57.0 million$921,549$3.01 million
2020426$67.0 million$1.23 million$1.74 million
2021448$77.0 million$1.77 million$2.98 million
2022461$68.4 million$2.52 million$2.48 million
2023520$81.0 million$2.88 million$3.95 million
2024588$87.4 million$2.22 million$9.05 million

Stowers Machinery Corporation 401(k) Contact Information

Phone
865-546-1414
Mailing address
P.O. BOX 14802, KNOXVILLE TN 37914
Plan sponsor
STOWERS MACHINERY CORPORATION
Employer identification number (EIN)
62-0636387
Plan number
001

Questions about the Stowers Machinery Corporation 401(k)

Does Stowers Machinery Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.22 million, 35% of all contributions.

Does the Stowers Machinery Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Stowers Machinery Corporation 401(k) plan?

588 participants at the start of plan year 2024, 500 of them active employees, and 70 former employees who still had money in the plan.

What is the average 401(k) balance at Stowers Machinery Corporation?

About $152,313 per account: $87.4 million in plan assets across 574 accounts with a balance at the end of plan year 2024.

Who manages the Stowers Machinery Corporation 401(k) accounts?

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

I no longer work at Stowers Machinery Corporation. How do I access my 401(k)?

Your account stays with Nationwide 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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