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

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

Plan name
CLAIRE EDWARDS CHARAK 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
THE METRO GROUP, INC.
Participants
390 (367 active employees)
Former employees with a balance
68
Plan assets
$18,478,382 at Dec 31, 2024
Average account balance
$44,960 across 411 accounts
Employer contributions
$259,798 in plan year 2024 (9% of all contributions)
Recordkeeper
Empower Life & Annuity Insurance Co
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.84 million went into the plan in contributions, $259,798 of it from the employer (9%).
  • $352,311 was paid out to participants.
  • Investment and other income added $1.44 million.
  • Administrative expenses were $21,178, about $52 per account.

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

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019228$6.94 million$260,763$223,402
2020231$8.14 million$276,364$601,993
2021340$13.3 million$242,753$571,540
2022363$12.5 million$389,053$628,032
2023417$14.6 million$389,317$998,331
2024390$18.5 million$259,798$352,311

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

Phone
718-729-7200
Mailing address
50-23 23RD STREET, LONG ISLAND CITY NY 11101
Plan sponsor
THE METRO GROUP, INC.
Employer identification number (EIN)
11-1076550
Plan number
002

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

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

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $259,798, 9% of all contributions.

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

Yes. The plan reports automatic enrollment of eligible employees.

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

390 participants at the start of plan year 2024, 367 of them active employees, and 68 former employees who still had money in the plan.

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

About $44,960 per account: $18.5 million in plan assets across 411 accounts with a balance at the end of plan year 2024.

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

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

I no longer work at The Metro Group, 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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