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

Technic, Inc. 401(k) Plan Facts

Plan name
TECHNIC, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
TECHNIC, INC.
Participants
378 (309 active employees)
Former employees with a balance
50
Plan assets
$73,488,581 at Dec 31, 2024
Average account balance
$212,395 across 346 accounts
Employer contributions
$492,979 in plan year 2024 (19% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1988
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

  • $2.57 million went into the plan in contributions, $492,979 of it from the employer (19%).
  • $9.69 million was paid out to participants.
  • Investment and other income added $10.6 million.
  • Administrative expenses were $6,968, about $20 per account.

How the Technic, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019386$57.5 million$423,593$3.51 million
2020380$65.5 million$439,654$2.36 million
2021381$72.6 million$433,892$4.91 million
2022366$59.8 million$433,868$3.93 million
2023376$70.1 million$476,939$2.60 million
2024378$73.5 million$492,979$9.69 million

Technic, Inc. 401(k) Contact Information

Phone
401-781-6100
Mailing address
47 MOLTER STREET, CRANSTON RI 029101032
Plan sponsor
TECHNIC, INC.
Employer identification number (EIN)
05-0243761
Plan number
001

Questions about the Technic, Inc. 401(k)

Does Technic, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $492,979, 19% of all contributions.

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

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

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

378 participants at the start of plan year 2024, 309 of them active employees, and 50 former employees who still had money in the plan.

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

About $212,395 per account: $73.5 million in plan assets across 346 accounts with a balance at the end of plan year 2024.

Who manages the Technic, Inc 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 Technic, Inc. 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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