Vaagen Bros Lumber Inc 401(k) Plan: Login, Facts & Contact Information

Vaagen Bros Lumber Inc 401(k) Plan Facts

Plan name
VAAGEN BROS LUMBER INC 401(K) SAVINGS PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
VAAGEN BROS LUMBER INC
Participants
307 (224 active employees)
Former employees with a balance
48
Plan assets
$22,853,602 at Dec 31, 2024
Average account balance
$84,021 across 272 accounts
Employer contributions
$276,084 in plan year 2024 (12% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1985
✓ 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 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.33 million went into the plan in contributions, $276,084 of it from the employer (12%).
  • $2.61 million was paid out to participants.
  • Investment and other income added $2.12 million.
  • Administrative expenses were $84,188, about $310 per account.

How the Vaagen Bros Lumber Inc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019352$15.8 million$207,935$1.14 million
2020354$18.6 million$223,794$333,074
2021397$20.0 million$282,206$2.30 million
2022372$18.1 million$338,639$1.53 million
2023377$21.1 million$301,935$1.46 million
2024307$22.9 million$276,084$2.61 million

Vaagen Bros Lumber Inc 401(k) Contact Information

Phone
509-684-5071
Mailing address
565 W 5TH, COLVILLE WA 991142113
Plan sponsor
VAAGEN BROS LUMBER INC
Employer identification number (EIN)
91-0862262
Plan number
001

Questions about the Vaagen Bros Lumber Inc 401(k)

Does Vaagen Bros Lumber Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $276,084, 12% of all contributions.

Does the Vaagen Bros Lumber Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Vaagen Bros Lumber Inc 401(k) plan?

307 participants at the start of plan year 2024, 224 of them active employees, and 48 former employees who still had money in the plan.

What is the average 401(k) balance at Vaagen Bros Lumber Inc?

About $84,021 per account: $22.9 million in plan assets across 272 accounts with a balance at the end of plan year 2024.

Who manages the Vaagen Bros Lumber Inc 401(k) accounts?

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

I no longer work at Vaagen Bros Lumber Inc. How do I access my 401(k)?

Your account stays with Principal 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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