Hoffer Plastics Corporation 401(k) Plan: Login, Facts & Contact Information

Hoffer Plastics Corporation 401(k) Plan Facts

Plan name
HOFFER PLASTICS CORPORATION PROFIT SHARING AND 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
HOFFER PLASTICS CORPORATION
Participants
394 (292 active employees)
Former employees with a balance
74
Plan assets
$62,184,469 at Dec 31, 2024
Average account balance
$163,214 across 381 accounts
Employer contributions
$1,275,250 in plan year 2024 (39% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Nov 30, 1962
✓ 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 Jul 31, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.29 million went into the plan in contributions, $1.28 million of it from the employer (39%).
  • $7.63 million was paid out to participants.
  • Investment and other income added $6.88 million.
  • Administrative expenses were $117,824, about $309 per account.

How the Hoffer Plastics Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019432$54.0 million$1.21 million$6.30 million
2020415$60.8 million$917,044$4.57 million
2021408$65.8 million$1.15 million$5.72 million
2022405$52.0 million$1.25 million$5.05 million
2023414$59.8 million$593,940$2.57 million
2024394$62.2 million$1.28 million$7.63 million

Hoffer Plastics Corporation 401(k) Contact Information

Phone
847-741-5740
Mailing address
500 NORTH COLLINS STREET, SOUTH ELGIN IL 60177
Plan sponsor
HOFFER PLASTICS CORPORATION
Employer identification number (EIN)
36-2347537
Plan number
001

Questions about the Hoffer Plastics Corporation 401(k)

Does Hoffer Plastics Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.28 million, 39% of all contributions.

Does the Hoffer Plastics Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Hoffer Plastics Corporation 401(k) plan?

394 participants at the start of plan year 2024, 292 of them active employees, and 74 former employees who still had money in the plan.

What is the average 401(k) balance at Hoffer Plastics Corporation?

About $163,214 per account: $62.2 million in plan assets across 381 accounts with a balance at the end of plan year 2024.

Who manages the Hoffer Plastics Corporation 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Hoffer Plastics Corporation. How do I access my 401(k)?

Your account stays with Empower 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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