Walashek Industrial & Marine, Inc. 401(k) Plan: Login, Facts & Contact Information

Walashek Industrial & Marine, Inc. 401(k) Plan Facts

Plan name
WALASHEK INDUSTRIAL & MARINE, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WALASHEK INDUSTRIAL & MARINE INC.
Participants
99 (115 active employees)
Plan assets
$3,844,062 at Dec 31, 2024
Average account balance
$53,390 across 72 accounts
Employer contributions
$164,007 in plan year 2024 (36% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 2012
✓ 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-SF for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 2, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $459,371 went into the plan in contributions, $164,007 of it from the employer (36%).
  • $1.02 million was paid out to participants.
  • Investment and other income added $518,417.

How the Walashek Industrial & Marine, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
201993$1.59 million$101,142$164,364
202094$1.96 million$119,389$105,376
2021105$2.34 million$126,594$230,652
2022106$2.24 million$140,742$178,830
2023127$3.91 million$165,698$217,208
202499$3.84 million$164,007$1.02 million

Walashek Industrial & Marine, Inc. 401(k) Contact Information

Phone
757-955-9335
Mailing address
3411 AMHERST STREET, NORFOLK VA 23513
Plan sponsor
WALASHEK INDUSTRIAL & MARINE INC.
Employer identification number (EIN)
91-1347822
Plan number
002

Questions about the Walashek Industrial & Marine, Inc. 401(k)

Does Walashek Industrial & Marine, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $164,007, 36% of all contributions.

Does the Walashek Industrial & Marine, Inc 401(k) have automatic enrollment?

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

How many people are in the Walashek Industrial & Marine, Inc 401(k) plan?

99 participants at the start of plan year 2024, 115 of them active employees.

What is the average 401(k) balance at Walashek Industrial & Marine, Inc?

About $53,390 per account: $3.84 million in plan assets across 72 accounts with a balance at the end of plan year 2024.

Who manages the Walashek Industrial & Marine, Inc 401(k) accounts?

PINNACLE FINANCIAL SERVICES, INC. is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Walashek Industrial & Marine, Inc. How do I access my 401(k)?

Your account stays with PINNACLE FINANCIAL SERVICES, INC. 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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