Wellborn Forest Products, Inc. 401(k) Plan: Login, Facts & Contact Information

Wellborn Forest Products, Inc. 401(k) Plan Facts

Plan name
WELLBORN FOREST PRODUCTS, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WELLBORN FOREST PRODUCTS, INC.
Participants
641 (592 active employees)
Former employees with a balance
45
Plan assets
$8,972,246 at Dec 31, 2024
Average account balance
$45,087 across 199 accounts
Employer contributions
$408,430 in plan year 2024 (34% of all contributions)
Recordkeeper
Adp, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 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 Sep 16, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.19 million went into the plan in contributions, $408,430 of it from the employer (34%).
  • $964,656 was paid out to participants.
  • Investment and other income added $1.06 million.
  • Administrative expenses were $5,556, about $28 per account.

How the Wellborn Forest Products, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019252$3.32 million$127,266$112,124
2020252$3.94 million$143,813$347,462
2021322$4.90 million$152,578$100,000
2022602$6.74 million$471,150$978,760
2023676$7.70 million$366,173$1.45 million
2024641$8.97 million$408,430$964,656

Wellborn Forest Products, Inc. 401(k) Contact Information

Phone
256-500-0414
Mailing address
2212 AIRPORT BLVD, ALEXANDER CITY AL 35010
Plan sponsor
WELLBORN FOREST PRODUCTS, INC.
Plan administrator
PENTEGRA SERVICES, INC
Employer identification number (EIN)
20-5872901
Plan number
001

Questions about the Wellborn Forest Products, Inc. 401(k)

Does Wellborn Forest Products, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $408,430, 34% of all contributions.

Does the Wellborn Forest Products, Inc 401(k) have automatic enrollment?

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

How many people are in the Wellborn Forest Products, Inc 401(k) plan?

641 participants at the start of plan year 2024, 592 of them active employees, and 45 former employees who still had money in the plan.

What is the average 401(k) balance at Wellborn Forest Products, Inc?

About $45,087 per account: $8.97 million in plan assets across 199 accounts with a balance at the end of plan year 2024.

Who manages the Wellborn Forest Products, Inc 401(k) accounts?

ADP Retirement Services (listed on the filing as ADP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Wellborn Forest Products, Inc. How do I access my 401(k)?

Your account stays with ADP Retirement Services 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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