Altec Industries 401(k) and pension plans

Altec Industries, Inc., Birmingham, AL. EIN 63-0362926. Annual reports 2009–2024.

Altec Industries, Inc. has 2 active retirement plans on file. The largest is the Altec, Inc. Retirement Savings Plan, with 11,954 participants and $986 million in assets in 2024. Merrill has been its recordkeeper since 2011.

Active plans: 2
Participants: 12,903
Plan assets: $1.0 billion
401(k) recordkeeper: Merrill
Plans on file: 4
Industry: Manufacturing

All 4 plans

Active plans first

Altec, Inc. Retirement Savings Plan

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 003Employer EIN 63-0362926
Participants (2024): 11,954
Net assets (2024): $986 million
Recordkeeper: Merrill2011–2024
Plan administrator: Altec Industries, Inc.
210 Inverness Center Drive
Birmingham, AL 35242
(205) 991-7733As filed for 2024
In effect since: October 1, 1987

Earlier plan names: Altec Industries, Inc. Retirement Savings Plan.

Year by year, 2009 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	11,954	$986 million	Merrill
2023	10,741	$828 million	Merrill
2022	10,513	$666 million	Merrill
2021	10,468	$770 million	Merrill
2020	9,681	$655 million	Merrill
2019	10,016	$563 million	Merrill
2018	9,077	$432 million	Merrill
2017	7,599	$431 million	Merrill
2016	6,538	$342 million	Merrill
2015	5,953	$290 million	Merrill
2014	5,198	$274 million	Merrill
2013	5,045	$243 million	Merrill
2012	4,999	$188 million	Merrill
2011	4,468	$154 million	Merrill
2010	4,006	$146 million	not listed
2009	4,091	$115 million	not listed

Altec Industries, Inc. Associates' Pension Plan

Pension (defined benefit)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number: 001Employer EIN 63-0362926
Participants (2024): 949
Net assets (2024): $57.1 million
Administered by: Milliman2018–2024
Plan administrator: Altec Industries, Inc.
210 Inverness Center Drive
Birmingham, AL 35242
(205) 991-7733As filed for 2024
In effect since: November 1, 1956

Plans merged into this one: Altec Industries, Inc. Pension Plan for Union Associates - Eastern Division (2010); Altec Industries, Inc. Union Associates' Pension Plan (2010).

Earlier plan names: Altec Industries, Inc. Associates Pension Plan.

Year by year, 2009 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	949	$57.1 million	Milliman
2023	999	$63.6 million	Milliman
2022	1,057	$63.1 million	Milliman
2021	1,105	$83.8 million	Milliman
2020	1,169	$99.7 million	Milliman
2019	1,214	$92.2 million	Milliman
2018	1,257	$81.1 million	Milliman
2017	1,300	$85.5 million	not listed
2016	1,350	$78.1 million	not listed
2015	1,370	$75.1 million	not listed
2014	1,409	$80.8 million	not listed
2013	1,846	$79.7 million	not listed
2012	1,886	$77.1 million	not listed
2011	1,928	$64.8 million	not listed
2010	1,955	$58.0 million	not listed
2009	1,703	$50.8 million	not listed

Altec Industries, Inc. Pension Plan for Union Associates - Eastern Division

Pension (defined benefit), frozenMerged

Merged. In 2010 its assets moved to the Altec Industires,inc. Associates' Pension Plan, sponsored by Altec Industries, Inc. (EIN 63-0362926, plan 001). Accounts moved with them, so that plan is the one to contact.

Plan number: 004Employer EIN 63-0362926
Participants (2009): 60
Net assets (2009): $857,457
Plan administrator: Altec Industries, Inc.
210 Inverness Center Drive
Birmingham, AL 35242
(205) 991-7733As filed for 2010
In effect since: January 1, 1991

Year by year, 2009 to 2010

Plan year	Participants	Net assets	Recordkeeper
2010	0	$0	not listed
2009	60	$857,457	not listed

Altec Industries, Inc. Union Associates' Pension Plan

Pension (defined benefit), frozenMerged

Merged. In 2010 its assets moved to the Altec Assoicastes' Pension Plan, sponsored by Altec Industries, Inc. (EIN 63-0362926, plan 001). Accounts moved with them, so that plan is the one to contact.

Plan number: 002Employer EIN 63-0362926
Participants (2009): 269
Net assets (2009): $5.2 million
Plan administrator: Altec Industries, Inc.
210 Inverness Center Drive
Birmingham, AL 35242
(205) 991-7733As filed for 2010
In effect since: May 1, 1967

Year by year, 2009 to 2010

Plan year	Participants	Net assets	Recordkeeper
2010	0	$0	not listed
2009	269	$5.2 million	not listed

If you had money in one of these plans

Call Merrill (benefits.ml.com), which runs the Altec, Inc. Retirement Savings Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
Or call the plan administrator listed on the plan below ((205) 991-7733). That number was filed for 2024; ask for the benefits or retirement plan office.
If your plan was merged, your account moved with it. Follow the link on the plan to the plan it went into, and contact that one.
Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

They come from the Form 5500 annual reports each plan files with the Department of Labor, as the plan filed them. A plan year is usually a calendar year.
Participants counts everyone in the plan at year end: current employees, former employees who still have a balance or a pension coming, and retirees or beneficiaries being paid.
The recordkeeper is the service provider whose Schedule C entry says it keeps the plan's records. Small plans do not file Schedule C, so some plans show none.
We cannot see anyone's account. Only the plan or its recordkeeper can tell you your balance.

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.