Automated Conveyor Systems 401(k) match, vesting and fees

Plan year 2024 filingAutomated Conveyor Systems, Inc. Profit Sharing Plan · Plan 002 · EIN 54-0991574Updated Oct 2026

What Automated Conveyor Systems' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $455K in employer contributions, about $1,656 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$73,667
Average account balance
321
Participants (end of year)
$20.3M
Plan assets (end of year)
0.35%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperPrincipal Life Insurance CompanySchedule C ↗
Independent auditorBrown, Edward and Company L.L.P. (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 2,561 defined-contribution plans in other services with 100 to 499 participants.

Automated Conveyor Systems: employer contribution per participant$1,656
Peer median$1,803
Automated Conveyor Systems: average balance$73,667
Peer median$48,934
Automated Conveyor Systems: admin expenses ÷ assets0.35%
Peer median0.31%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $21.3M at the end of plan year 2021 to $20.3M at the end of plan year 2024.

$21.3M2021$17.8M2022$20.2M2023$20.3M2024
End-of-year figures from each plan year's Form 5500 filing for the Automated Conveyor Systems plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024321$20.3M$455K$1,6560.35%Not publishedForm 5500 ↗
2023286$20.2M$429K$1,6890.39%Not publishedForm 5500 ↗
2022264$17.8M$406K$1,6380.39%Not publishedForm 5500 ↗
2021239$21.3M$377K$1,6130.43%Not publishedForm 5500 ↗

Other Automated Conveyor Systems plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Automated Conveyor Systems, Inc. Employee Stock Ownership Plan

Plan 001 · EIN 54-0991574 · plan year 2025 filing
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
<0.01%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Plan type and statusRetirement · ActiveForm 5500 ↗

Common questions

Does Automated Conveyor Systems match 401(k) contributions?

The match terms for the Automated Conveyor Systems, Inc. Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $455K in employer contributions, about $1,656 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Automated Conveyor Systems 401(k) match vested?

The vesting schedule for the Automated Conveyor Systems, Inc. Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Automated Conveyor Systems 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Automated Conveyor Systems, Inc..

I left Automated Conveyor Systems. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Automated Conveyor Systems, Inc., (434) 385-6699) or the recordkeeper, Principal Life Insurance Company. The Automated Conveyor Systems old 401(k) page lists the contacts from every plan filing. Find an old Automated Conveyor Systems 401(k)

Data from the public Form 5500 annual reports Automated Conveyor Systems filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Automated Conveyor Systems. Not financial advice. Report a correction · Methodology