The Nc Mutual Wholesale Drug Co. 401(k) Plan: Login, Facts & Contact Information

The Nc Mutual Wholesale Drug Co. 401(k) Plan Facts

Plan name
MUTUAL DRUG 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
THE NORTH CAROLINA MUTUAL WHOLESALE DRUG COMPANY, INC.
Participants
148 (95 active employees)
Former employees with a balance
61
Plan assets
$22,664,702 at Dec 31, 2024
Average account balance
$145,287 across 156 accounts
Employer contributions
$441,992 in plan year 2024 (23% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 2001
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 1, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.94 million went into the plan in contributions, $441,992 of it from the employer (23%).
  • $2.64 million was paid out to participants.
  • Investment and other income added $2.75 million.
  • Administrative expenses were $37,000, about $237 per account.

How the The Nc Mutual Wholesale Drug Co. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019168$23.1 million$409,964$3.47 million
2020169$25.2 million$387,309$1.79 million
2021167$26.5 million$393,906$2.81 million
2022149$19.2 million$419,805$4.95 million
2023142$20.7 million$439,708$2.66 million
2024148$22.7 million$441,992$2.64 million

The Nc Mutual Wholesale Drug Co. 401(k) Contact Information

Phone
919-598-4951
Mailing address
816 ELLIS ROAD, DURHAM NC 27703
Plan sponsor
THE NORTH CAROLINA MUTUAL WHOLESALE DRUG COMPANY, INC.
Employer identification number (EIN)
56-0576951
Plan number
001

Questions about the The Nc Mutual Wholesale Drug Co. 401(k)

Does The Nc Mutual Wholesale Drug Co contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $441,992, 23% of all contributions.

Does the The Nc Mutual Wholesale Drug Co 401(k) have automatic enrollment?

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

How many people are in the The Nc Mutual Wholesale Drug Co 401(k) plan?

148 participants at the start of plan year 2024, 95 of them active employees, and 61 former employees who still had money in the plan.

What is the average 401(k) balance at The Nc Mutual Wholesale Drug Co?

About $145,287 per account: $22.7 million in plan assets across 156 accounts with a balance at the end of plan year 2024.

Who manages the The Nc Mutual Wholesale Drug Co 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 Nc Mutual Wholesale Drug Co. 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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