W.m. Schultz Construction, Inc. 401(k) Plan: Login, Facts & Contact Information

W.m. Schultz Construction, Inc. 401(k) Plan Facts

Plan name
W. M. SCHULTZ CONSTRUCTION, INC. PROFIT SHARING 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
W.M. SCHULTZ CONSTRUCTION, INC.
Participants
102 (63 active employees)
Former employees with a balance
33
Plan assets
$9,164,791 at Dec 31, 2024
Average account balance
$100,712 across 91 accounts
Employer contributions
$620,316 in plan year 2024 (65% of all contributions)
Recordkeeper
Chemung Canal Trust Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 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 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $954,916 went into the plan in contributions, $620,316 of it from the employer (65%).
  • $4.19 million was paid out to participants.
  • Investment and other income added $1.41 million.
  • Administrative expenses were $73,719, about $810 per account.

How the W.m. Schultz Construction, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019139$9.10 million$930,350$1.22 million
2020118$10.8 million$793,150$529,308
2021109$12.6 million$1.13 million$835,249
2022125$10.3 million$981,821$1.62 million
2023110$11.1 million$891,754$1.88 million
2024102$9.16 million$620,316$4.19 million

W.m. Schultz Construction, Inc. 401(k) Contact Information

Phone
518-885-0060
Mailing address
P.O. BOX 2620, BALLSTON SPA NY 12020
Plan sponsor
W.M. SCHULTZ CONSTRUCTION, INC.
Employer identification number (EIN)
14-1827521
Plan number
001

Questions about the W.m. Schultz Construction, Inc. 401(k)

Does W.m. Schultz Construction, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $620,316, 65% of all contributions.

Does the W.m. Schultz Construction, Inc 401(k) have automatic enrollment?

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

How many people are in the W.m. Schultz Construction, Inc 401(k) plan?

102 participants at the start of plan year 2024, 63 of them active employees, and 33 former employees who still had money in the plan.

What is the average 401(k) balance at W.m. Schultz Construction, Inc?

About $100,712 per account: $9.16 million in plan assets across 91 accounts with a balance at the end of plan year 2024.

Who manages the W.m. Schultz Construction, Inc 401(k) accounts?

CHEMUNG CANAL TRUST COMPANY is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at W.m. Schultz Construction, Inc. How do I access my 401(k)?

Your account stays with CHEMUNG CANAL TRUST COMPANY 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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