Chapin Manufacturing, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2019. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Chapin Manufacturing, Inc. 401(k) Plan Facts (plan year 2019)

Plan name
CHAPIN MANUFACTURING, INC. 401(K) SAVINGS AND RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CHAPIN MANUFACTURING, INC.
Participants
513 (333 active employees)
Former employees with a balance
227
Plan assets
$17,208,204 at Dec 31, 2019
Average account balance
$33,029 across 521 accounts
Employer contributions
$851,765 in plan year 2019 (44% of all contributions)
Recordkeeper
Capital Group Retirement Plan Svcs.
Plan year
Jan 1, 2019 – Dec 31, 2019
Plan established
Jun 15, 1959
✓ 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 (Jan 1, 2019 – Dec 31, 2019), filed Nov 13, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $1.94 million went into the plan in contributions, $851,765 of it from the employer (44%).
  • $2.36 million was paid out to participants.
  • Investment and other income added $2.72 million.
  • Administrative expenses were $2,051, about $4 per account.

How the Chapin Manufacturing, Inc. 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2014337$16.0 million$228,957$1.27 million
2015356$15.6 million$250,047$1.34 million
2016389$15.3 million$364,471$2.57 million
2017403$15.2 million$508,473$3.49 million
2018424$14.9 million$511,710$1.09 million
2019513$17.2 million$851,765$2.36 million

Chapin Manufacturing, Inc. 401(k) Contact Information

Phone
585-343-3140
Mailing address
700 ELLICOTT STREET, BATAVIA NY 14020
Plan sponsor
CHAPIN MANUFACTURING, INC.
Employer identification number (EIN)
16-0379364
Plan number
001

Questions about the Chapin Manufacturing, Inc. 401(k)

Is the Chapin Manufacturing, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2019, and no later filing was found under this employer's EIN.

Does Chapin Manufacturing, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $851,765, 44% of all contributions.

Does the Chapin Manufacturing, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Chapin Manufacturing, Inc 401(k) plan?

513 participants at the start of plan year 2019, 333 of them active employees, and 227 former employees who still had money in the plan.

What is the average 401(k) balance at Chapin Manufacturing, Inc?

About $33,029 per account: $17.2 million in plan assets across 521 accounts with a balance at the end of plan year 2019.

Who manages the Chapin Manufacturing, Inc 401(k) accounts?

Capital Group / American Funds (listed on the filing as CAPITAL GROUP RETIREMENT PLAN SVCS.) is the plan's recordkeeper, which is where participants log in to see their balance.

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