Vernor Material & Equipment Co., Inc. 401(k) Plan: Login, Facts & Contact Information
Vernor Material & Equipment Co., Inc. 401(k) Login
46 former Vernor Material & Equipment Co., Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Vernor Material & Equipment Co., Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 7, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $764,786 went into the plan in contributions, $275,568 of it from the employer (36%).
- $358,325 was paid out to participants.
- Investment and other income added $636,986.
- Administrative expenses were $40,458, about $281 per account.
How the Vernor Material & Equipment Co., Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 168 | $4.96 million | $264,267 | $565,472 |
| 2020 | 205 | $5.76 million | $266,911 | $581,474 |
| 2021 | 212 | $6.14 million | $276,297 | $1.14 million |
| 2022 | 212 | $5.89 million | $309,896 | $354,231 |
| 2023 | 240 | $6.77 million | $272,406 | $641,948 |
| 2024 | 228 | $7.77 million | $275,568 | $358,325 |
Vernor Material & Equipment Co., Inc. 401(k) Contact Information
Questions about the Vernor Material & Equipment Co., Inc. 401(k)
Does Vernor Material & Equipment Co., Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $275,568, 36% of all contributions.
Does the Vernor Material & Equipment Co., Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Vernor Material & Equipment Co., Inc 401(k) plan?
228 participants at the start of plan year 2024, 197 of them active employees, and 46 former employees who still had money in the plan.
What is the average 401(k) balance at Vernor Material & Equipment Co., Inc?
About $53,969 per account: $7.77 million in plan assets across 144 accounts with a balance at the end of plan year 2024.
Who manages the Vernor Material & Equipment Co., Inc 401(k) accounts?
Lincoln Financial (listed on the filing as LINCOLN NATIONAL CORPORATION) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Vernor Material & Equipment Co., Inc. How do I access my 401(k)?
Your account stays with Lincoln Financial 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.