Withersravenel, Inc. 401(k) Plan: Login, Facts & Contact Information

Withersravenel, Inc. 401(k) Plan Facts

Plan name
WITHERSRAVENEL, INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) and profit sharing
Plan sponsor
WITHERSRAVENEL, INC.
Participants
503 (444 active employees)
Former employees with a balance
96
Plan assets
$33,367,962 at Dec 31, 2024
Average account balance
$65,685 across 508 accounts
Employer contributions
$1,528,499 in plan year 2024 (27% of all contributions)
Recordkeeper
Newport Group, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1999
— 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

  • $5.77 million went into the plan in contributions, $1.53 million of it from the employer (27%).
  • $1.42 million was paid out to participants.
  • Investment and other income added $3.46 million.
  • Administrative expenses were $84,558, about $166 per account.

How the Withersravenel, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019273$12.8 million$275,724$626,170
2020314$15.7 million$319,301$671,795
2021357$20.7 million$417,048$199,613
2022431$19.6 million$995,067$1.95 million
2023438$25.6 million$1.27 million$1.45 million
2024503$33.4 million$1.53 million$1.42 million

Withersravenel, Inc. 401(k) Contact Information

Phone
919-238-0357
Mailing address
115 MACKENAN DRIVE, CARY NC 27511
Plan sponsor
WITHERSRAVENEL, INC.
Employer identification number (EIN)
56-1740520
Plan number
001

Questions about the Withersravenel, Inc. 401(k)

Does Withersravenel, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $1.53 million in employer contributions for plan year 2024.

Does the Withersravenel, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Withersravenel, Inc 401(k) plan?

503 participants at the start of plan year 2024, 444 of them active employees, and 96 former employees who still had money in the plan.

What is the average 401(k) balance at Withersravenel, Inc?

About $65,685 per account: $33.4 million in plan assets across 508 accounts with a balance at the end of plan year 2024.

Who manages the Withersravenel, Inc 401(k) accounts?

Newport (an Ascensus company) (listed on the filing as NEWPORT GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Newport (an Ascensus 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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