The Beacon Group, Inc. 401(k) Plan: Login, Facts & Contact Information

The Beacon Group, Inc. 401(k) Plan Facts

Plan name
BEACON GROUP INC 401(K) PROFIT SHARING PLAN & TRUST
Plan type
401(k) and profit sharing
Plan sponsor
BEACON GROUP INC
Participants
69 (38 active employees)
Plan assets
$580,939 at Dec 31, 2023
Average account balance
$9,221 across 63 accounts
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Jan 1, 1995
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-SF for plan year 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 15, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $7,069 went into the plan in contributions.
  • $1.44 million was paid out to participants.
  • Investment and other income added $251,031.

How the The Beacon Group, Inc. 401(k) changed, 20182023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2018102$1.92 million$0$251,509
201978$2.33 million$0$109,782
202072$2.68 million$0$155,285
202172$2.85 million$0$271,333
202266$1.77 million$0$521,297
202369$580,939$0$1.44 million

The Beacon Group, Inc. 401(k) Contact Information

Phone
860-594-5205
Mailing address
549 CEDAR STREET, NEWINGTON CT 06111
Plan sponsor
BEACON GROUP INC
Employer identification number (EIN)
06-1009333
Plan number
002

Questions about the The Beacon Group, Inc. 401(k)

Does The Beacon Group, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500.

Does the The Beacon Group, Inc 401(k) have automatic enrollment?

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

How many people are in the The Beacon Group, Inc 401(k) plan?

69 participants at the start of plan year 2023, 38 of them active employees.

What is the average 401(k) balance at The Beacon Group, Inc?

About $9,221 per account: $580,939 in plan assets across 63 accounts with a balance at the end of plan year 2023.

Who manages the The Beacon Group, Inc 401(k) accounts?

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

I no longer work at The Beacon Group, Inc. How do I access my 401(k)?

Your account stays with ADP Retirement Services 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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