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

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

Plan name
BUDD GROUP, INC. 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
THE BUDD GROUP, INC.
Participants
2,310 (2,283 active employees)
Former employees with a balance
67
Plan assets
$5,449,285 at Dec 31, 2024
Average account balance
$14,889 across 366 accounts
Employer contributions
$202,736 in plan year 2024 (20% of all contributions)
Recordkeeper
Stancorp Financial Group
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Apr 1, 1998
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 Jul 31, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.03 million went into the plan in contributions, $202,736 of it from the employer (20%).
  • $778,041 was paid out to participants.
  • Investment and other income added $626,374.
  • Administrative expenses were $15,863, about $43 per account.

How the The Budd Group, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,702$2.46 million$524,816
20202,027$2.96 million$97,987
20212,208$3.69 million$130,486
20222,039$3.68 million$124,556
20231,955$4.58 million$150,391$546,417
20242,310$5.45 million$202,736$778,041

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

Phone
336-765-7690
Mailing address
PO BOX 25128, WINSTON-SALEM NC 271145128
Plan sponsor
THE BUDD GROUP, INC.
Employer identification number (EIN)
56-0750470
Plan number
003

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

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

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $202,736, 20% of all contributions.

Does the The Budd 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 Budd Group, Inc 401(k) plan?

2,310 participants at the start of plan year 2024, 2,283 of them active employees, and 67 former employees who still had money in the plan.

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

About $14,889 per account: $5.45 million in plan assets across 366 accounts with a balance at the end of plan year 2024.

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

The Standard (listed on the filing as STANCORP FINANCIAL GROUP) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with The Standard 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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