Tak Communications, Inc. 401(k) Plan: Login, Facts & Contact Information

Tak Communications, Inc. 401(k) Plan Facts

Plan name
TAK BROADBAND, LLC 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
TAK BROADBAND, LLC
Participants
719 (592 active employees)
Former employees with a balance
49
Plan assets
$6,779,528 at Dec 31, 2024
Average account balance
$21,319 across 318 accounts
Employer contributions
$358,550 in plan year 2024 (18% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
May 1, 2015
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 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.95 million went into the plan in contributions, $358,550 of it from the employer (18%).
  • $558,954 was paid out to participants.
  • Investment and other income added $707,135.
  • Administrative expenses were $43,678, about $137 per account.

How the Tak Communications, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019615$1.15 million$906$219,475
2020501$1.25 million$141$297,243
2021714$2.39 million$243,609
2022962$3.47 million$252,705$504,854
2023787$4.82 million$296,830$620,874
2024719$6.78 million$358,550$558,954

Tak Communications, Inc. 401(k) Contact Information

Phone
605-362-6630
Mailing address
4401 S. TECHNOLOGY DRIVE, SUITE 3, SIOUX FALLS SD 57106
Plan sponsor
TAK BROADBAND, LLC
Employer identification number (EIN)
20-0720874
Plan number
001

Questions about the Tak Communications, Inc. 401(k)

Does Tak Communications, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $358,550, 18% of all contributions.

Does the Tak Communications, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Tak Communications, Inc 401(k) plan?

719 participants at the start of plan year 2024, 592 of them active employees, and 49 former employees who still had money in the plan.

What is the average 401(k) balance at Tak Communications, Inc?

About $21,319 per account: $6.78 million in plan assets across 318 accounts with a balance at the end of plan year 2024.

Who manages the Tak Communications, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Tak Communications, Inc. How do I access my 401(k)?

Your account stays with Principal 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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