Virginia Transformer Corp 401(k) Plan: Login, Facts & Contact Information

Virginia Transformer Corp 401(k) Plan Facts

Plan name
VIRGINIA TRANSFORMER CORP PROFIT SHARING AND RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
VIRGINIA TRANSFORMER CORP
Participants
1,681 (2,252 active employees)
Former employees with a balance
319
Plan assets
$29,413,502 at Dec 31, 2024
Average account balance
$14,999 across 1,961 accounts
Employer contributions
$1,706,295 in plan year 2024 (25% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Oct 1, 1987
✓ 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

  • $6.88 million went into the plan in contributions, $1.71 million of it from the employer (25%).
  • $4.24 million was paid out to participants.
  • Investment and other income added $3.11 million.
  • Administrative expenses were $47,243, about $24 per account.

How the Virginia Transformer Corp 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019848$14.0 million$463,285$980,981
2020899$17.7 million$587,387$1.01 million
2021994$20.4 million$613,314$1.97 million
20221,126$17.9 million$649,803$2.50 million
20231,276$24.6 million$1.10 million$1.34 million
20241,681$29.4 million$1.71 million$4.24 million

Virginia Transformer Corp 401(k) Contact Information

Phone
540-345-9892
Mailing address
1936 BLUE HILLS DR NE, ROANOKE VA 24012
Plan sponsor
VIRGINIA TRANSFORMER CORP
Employer identification number (EIN)
54-0895926
Plan number
001

Questions about the Virginia Transformer Corp 401(k)

Does Virginia Transformer Corp contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.71 million, 25% of all contributions.

Does the Virginia Transformer Corp 401(k) have automatic enrollment?

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

How many people are in the Virginia Transformer Corp 401(k) plan?

1,681 participants at the start of plan year 2024, 2,252 of them active employees, and 319 former employees who still had money in the plan.

What is the average 401(k) balance at Virginia Transformer Corp?

About $14,999 per account: $29.4 million in plan assets across 1,961 accounts with a balance at the end of plan year 2024.

Who manages the Virginia Transformer Corp 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Virginia Transformer Corp. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits 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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