Veit & Company, Inc. 401(k) Plan: Login, Facts & Contact Information

Veit & Company, Inc. 401(k) Plan Facts

Plan name
VEIT 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
VEIT & COMPANY, INC.
Participants
1,193 (844 active employees)
Former employees with a balance
204
Plan assets
$73,264,237 at Dec 31, 2024
Average account balance
$77,858 across 941 accounts
Employer contributions
$1,985,291 in plan year 2024 (26% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1993
✓ 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 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $7.72 million went into the plan in contributions, $1.99 million of it from the employer (26%).
  • $4.69 million was paid out to participants.
  • Investment and other income added $8.02 million.
  • Administrative expenses were $138,752, about $147 per account.

How the Veit & Company, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019823$40.0 million$1.05 million$6.16 million
2020805$49.4 million$1.22 million$1.96 million
2021815$57.0 million$1.21 million$4.13 million
2022836$50.7 million$1.62 million$3.25 million
2023959$62.4 million$1.84 million$3.87 million
20241,193$73.3 million$1.99 million$4.69 million

Veit & Company, Inc. 401(k) Contact Information

Phone
763-358-0178
Mailing address
14000 VEIT PLACE, ROGERS MN 55374
Plan sponsor
VEIT & COMPANY, INC.
Employer identification number (EIN)
41-0840260
Plan number
003

Questions about the Veit & Company, Inc. 401(k)

Does Veit & Company, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.99 million, 26% of all contributions.

Does the Veit & Company, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Veit & Company, Inc 401(k) plan?

1,193 participants at the start of plan year 2024, 844 of them active employees, and 204 former employees who still had money in the plan.

What is the average 401(k) balance at Veit & Company, Inc?

About $77,858 per account: $73.3 million in plan assets across 941 accounts with a balance at the end of plan year 2024.

Who manages the Veit & Company, Inc 401(k) accounts?

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

I no longer work at Veit & Company, 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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