The Blossman Companies, Inc. 401(k) Plan: Login, Facts & Contact Information

The Blossman Companies, Inc. 401(k) Plan Facts

Plan name
THE BLOSSMAN COMPANIES, INC. 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
THE BLOSSMAN COMPANIES, INC.
Participants
1,254 (1,075 active employees)
Former employees with a balance
232
Plan assets
$60,604,244 at Dec 31, 2023
Average account balance
$45,295 across 1,338 accounts
Employer contributions
$1,966,748 in plan year 2023 (32% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Dec 1, 1991
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 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

  • $6.11 million went into the plan in contributions, $1.97 million of it from the employer (32%).
  • $4.74 million was paid out to participants.
  • Investment and other income added $7.03 million.
  • Administrative expenses were $196,641, about $147 per account.

How the The Blossman Companies, Inc. 401(k) changed, 20182023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2018963$37.6 million$621,390$1.87 million
20191,028$44.0 million$1.24 million$3.16 million
20201,085$50.3 million$1.36 million$2.81 million
20211,059$56.6 million$1.59 million$4.13 million
20221,204$52.4 million$1.94 million$3.55 million
20231,254$60.6 million$1.97 million$4.74 million

The Blossman Companies, Inc. 401(k) Contact Information

Phone
228-872-8975
Mailing address
PO BOX 1110, OCEAN SPRINGS MS 395661110
Plan sponsor
THE BLOSSMAN COMPANIES, INC.
Employer identification number (EIN)
64-0408925
Plan number
003

Questions about the The Blossman Companies, Inc. 401(k)

Does The Blossman Companies, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $1.97 million, 32% of all contributions.

Does the The Blossman Companies, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the The Blossman Companies, Inc 401(k) plan?

1,254 participants at the start of plan year 2023, 1,075 of them active employees, and 232 former employees who still had money in the plan.

What is the average 401(k) balance at The Blossman Companies, Inc?

About $45,295 per account: $60.6 million in plan assets across 1,338 accounts with a balance at the end of plan year 2023.

Who manages the The Blossman Companies, Inc 401(k) accounts?

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

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

Your account stays with Empower 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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