How big is Channellock, Inc.'s plan?

Channellock, Inc.'s plan reported $17.0M in assets and 66 participants for 2024.

Original filing (PDF)20251014124834NAL0002802801001

Channellock, Inc.

Name: Channellock, Inc. — Channellock 401(k) Plan for, Form 5500 (2024)
Creator: Channellock, Inc.
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Channellock 401(k) Plan for NON-Bargaining UNIT Employees

401(k) retirement plan · Channellock, Inc.'s Channellock 401(k) Plan for NON-Bargaining UNIT Employees held $17.0M in plan assets for 66 participants in 2024, with Empower as recordkeeper.

Signals · 2

Late participant contributionsHigh average account balance

Active participants

Accounts w/ balance

104

Plan assets (EOY)

$17.0M

Net assets (EOY)

$17.0M

Plan identifiers

Channellock, Inc.'s EIN is 25-0399850.

EIN 25-0399850

Plan number 004

Plan year 2024

ACK ID 20251014124834NAL0002802801001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Channellock, Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Channellock, Inc.'s plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for CHANNELLOCK, INC..

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How this plan invests

This plan

29 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Delinquent participant contributions reported (Schedule H 4a) — 0K (0% of contributions).

Helping the score

High average account balance (92nd percentile).
High account-holder ratio — balance-holders per active participant in the top 15% of peers (86th percentile).

Plan sponsor

Name

CHANNELLOCK, INC.

EIN

all filings

Address

1306 SOUTH MAIN STREET · MEADVILLE, PA · 16335

Phone

(814) 724-8700

Industry

Manufacturing

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

004

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-14

Pension benefit codes

2A · Age/service weighted or new comparability

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Service providers (Schedule C)

4 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
EMPOWER ADVISORY GROUP, LLC	—	GREENWOOD VILLAGE, CO	INVESTMENT MGMT	$17K	—
EMPOWER ANNUITY INSURANCE COMPANY	—	GREENWOOD VILLAGE, CO	RECORDKEEPER	$5K	—

TPA / Administrator

Name	EIN	Location	Relation	Direct comp	Indirect comp

Investments

29 direct securities· $16.9M(100% of reported assets)

Mutual Funds

$7.6M

14 holdings

Other securities

$6.7M

13 holdings

Common Collective Trusts

$2.0M

1 holding

Common Stocks

$643K

1 holding

					% of plan
JP Morgan Large Cap Growth R3	Other securities	—	—	$3.4M	20.2%
Fidelity 500 Index	Common Collective Trusts	—	—	$2.0M	11.9%
MFS Value A	Mutual Funds	—	—	$1.9M	10.9%
American Funds Bond Fund of America R5	Mutual Funds	—	—	$1.1M	6.7%
MFS Total Return Bond A	Mutual Funds	—	—	$1.0M	5.9%
Macquarie Mid Cap Growth Y	Other securities	—	—	$847K	5.0%
Allspring Special Small Cap Value A	Other securities	—	—	$744K	4.4%
MFS International Diversification A	Mutual Funds	—	—	$727K	4.3%
Empower Annuity Insurance Company of America Key Guaranteed Portfolio Fund	Common Stocks	—	—	$643K	3.8%
MFS International Growth A	Mutual Funds	—	—	$544K	3.2%
Fidelity International Index	Mutual Funds	—	—	$451K	2.7%
Pioneer Strategic Income A	Other securities	—	—	$422K	2.5%
MFS Mid Cap Value A	Mutual Funds	—	—	$409K	2.4%
American Funds New World Fund R4	Mutual Funds	—	—	$329K	1.9%
Janus Henderson Triton A	Mutual Funds	—	—	$287K	1.7%
Fidelity Small Cap Index	Mutual Funds	—	—	$267K	1.6%
Transamerica International Equity A	Other securities	—	—	$264K	1.6%
Fidelity Mid Cap Index	Mutual Funds	—	—	$248K	1.5%
participants maturing through July 2033	Other securities	—	—	$239K	1.4%
Eaton Vance High Income Opportunities A	Other securities	—	—	$167K	1.0%
Cohen & Steers Global Realty I	Other securities	—	—	$156K	0.9%
American Funds Inflation Linked Bond R6	Mutual Funds	—	—	$137K	0.8%
Columbia Capital Allocation Moderate Aggressive A	Other securities	—	—	$109K	0.6%
First Eagle Global A	Other securities	—	—	$107K	0.6%
PIMCO CommoditiesPLUS Strategy Institutional	Mutual Funds	—	—	$103K	0.6%
Invesco International Bond A	Mutual Funds	—	—	$82K	0.5%
Neuberger Berman Real Estate A	Other securities	—	—	$81K	0.5%
Columbia Capital Allocation Moderate Conservative A	Other securities	—	—	$71K	0.4%
Columbia Capital Allocation Conservative A	Other securities	—	—	$22K	0.1%