Adac Plastics, Inc. 401(k) Plan: Login, Facts & Contact Information

Adac Plastics, Inc. 401(k) Plan Facts

Plan name
ADAC PLASTICS, INC. RETIREMENT PLAN
Plan type
401(k) and profit sharing
Plan sponsor
ADAC PLASTICS, INC.
Participants
971 (773 active employees)
Former employees with a balance
195
Plan assets
$63,691,677 at Dec 31, 2024
Average account balance
$67,399 across 945 accounts
Employer contributions
$1,102,516 in plan year 2024 (18% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1982
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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 16, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $6.10 million went into the plan in contributions, $1.10 million of it from the employer (18%).
  • $9.12 million was paid out to participants.
  • Investment and other income added $7.28 million.
  • Administrative expenses were $196,719, about $208 per account.

How the Adac Plastics, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,119$51.1 million$884,780$3.88 million
20201,092$58.4 million$490,956$5.17 million
20211,042$67.2 million$1.08 million$8.25 million
20221,035$55.9 million$1.08 million$6.61 million
20231,061$59.6 million$932,970$11.0 million
2024971$63.7 million$1.10 million$9.12 million

Adac Plastics, Inc. 401(k) Contact Information

Phone
616-957-0311
Mailing address
5690 EAGLE DR SE, GRAND RAPIDS MI 49546
Plan sponsor
ADAC PLASTICS, INC.
Employer identification number (EIN)
38-2085222
Plan number
001

Questions about the Adac Plastics, Inc. 401(k)

Does Adac Plastics, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $1.10 million in employer contributions for plan year 2024.

Does the Adac Plastics, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Adac Plastics, Inc 401(k) plan?

971 participants at the start of plan year 2024, 773 of them active employees, and 195 former employees who still had money in the plan.

What is the average 401(k) balance at Adac Plastics, Inc?

About $67,399 per account: $63.7 million in plan assets across 945 accounts with a balance at the end of plan year 2024.

Who manages the Adac Plastics, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Adac Plastics, Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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