A. Schulman, Inc 401(k) Plan (terminated 2019): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2019, when $109.4 million was transferred out of the plan. Assets moved to the LYONDELLBASELL SAVINGS PLAN (sponsored by LYONDELL CHEMICAL COMPANY). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the LYONDELLBASELL SAVINGS PLAN →

A. Schulman, Inc 401(k) Plan Facts (plan year 2019)

Plan name
A. SCHULMAN, INC. RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
A. SCHULMAN, INC
Participants
2,853
Former employees with a balance
0
Employer contributions
$1,262,600 in plan year 2019 (40% of all contributions)
Recordkeeper
Wells Fargo Bank, N.a.
Plan year
Sep 1, 2019 – Jan 2, 2020
Plan established
Sep 1, 1957
✓ 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 2019 (Sep 1, 2019 – Jan 2, 2020), filed Oct 9, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $3.14 million went into the plan in contributions, $1.26 million of it from the employer (40%).
  • $9.65 million was paid out to participants.
  • Investment and other income added $6.56 million.

How the A. Schulman, Inc 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20141,191$79.1 million$2.60 million$6.41 million
20152,321$85.8 million$4.40 million$10.6 million
20162,228$94.9 million$4.29 million$10.2 million
20172,368$108.5 million$4.82 million$7.91 million
20182,760$109.4 million$4.50 million$13.9 million
2019 (final)2,853$0$1.26 million$9.65 million

A. Schulman, Inc 401(k) Contact Information

Phone
330-666-3751
Mailing address
3637 RIDGEWOOD ROAD, COPLEY OH 44321
Plan sponsor
A. SCHULMAN, INC
Employer identification number (EIN)
34-0514850
Plan number
001

Questions about the A. Schulman, Inc 401(k)

Is the A. Schulman, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2019. Its assets were transferred to the LYONDELLBASELL SAVINGS PLAN.

Does A. Schulman, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $1.26 million, 40% of all contributions.

Does the A. Schulman, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the A. Schulman, Inc 401(k) plan?

2,853 participants at the start of plan year 2019.

Who manages the A. Schulman, Inc 401(k) accounts?

Principal (listed on the filing as WELLS FARGO BANK, N.A.) is the plan's recordkeeper, which is where participants log in to see their balance.

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