Thomson Plastics, Inc. 401(K) Plan — Form 5500 plan (Thomson Plastics, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Thomson Plastics, Inc. 401(K) Plan is a benefit plan reported by Thomson Plastics, Inc. under EIN 58-2237814 and plan number 001. The latest loaded filing year is 2023. The filing reports 492 participants and $3,301,943 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.3MPlan net assets, end of year$3,301,943
Participants492Covered participants reported
Assets / participant$6.7KComputed: assets ÷ participants$6,711 (computed)
Provider compensation$45.3K3 Schedule C provider row(s)$45,300
Plan sponsor
Thomson Plastics, Inc.
EIN
58-2237814
Plan number
001
Plan type
2
Location
Thomson, GA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023492H, C20241014150025NAL0054076130001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$3.3M total assets
Net assets$3.3MLiabilities$0
Money in vs. money out
Total income / additions$1M
Total expenses$860K
Benefits paid / distributions$762.8K
Contributions
Employer$153.5K
Participant$384.6K
Full reported line items

Net assets

Total assets (EOY)
$3,301,943
Total liabilities (EOY)
$0
Net assets (EOY)
$3,301,943
Net assets (BOY)
$3,113,907

Income & contributions

Employer contributions
$153,497
Participant contributions
$384,564
Total contributions
$559,771
Total income / additions
$1,048,008

Expenses & distributions

Benefits paid
$762,764
Administrative expenses
$45,300
Total expenses
$859,972
Net increase / (decrease)
$188,036
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 29%Participant 71%
Total expenses ÷ net assets26%Computed ratio
Benefits paid ÷ total income73%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$29,958$02023
Regions Bank Dba Regions TrustINVESTMENT ADVISOR$14,900not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$442not reported in the loaded dataset2023

Related Form 5500 pages