Itu Absorbtech, Inc 401(k) Plan: Login, Facts & Contact Information

Itu Absorbtech, Inc 401(k) Plan Facts

Plan name
ITU ABSORBTECH RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ITU ABSORBTECH, INC
Participants
576 (468 active employees)
Former employees with a balance
88
Plan assets
$49,306,238 at Dec 31, 2024
Average account balance
$114,666 across 430 accounts
Employer contributions
$588,935 in plan year 2024 (22% of all contributions)
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Feb 9, 2015
✓ 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 Oct 3, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.63 million went into the plan in contributions, $588,935 of it from the employer (22%).
  • $2.08 million was paid out to participants.
  • Investment and other income added $5.45 million.
  • Administrative expenses were $12,622, about $29 per account.

How the Itu Absorbtech, Inc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019474$33.8 million$464,370$1.02 million
2020499$40.2 million$455,063$1.15 million
2021499$45.9 million$487,429$2.03 million
2022496$37.2 million$521,904$3.15 million
2023547$43.3 million$559,173$2.20 million
2024576$49.3 million$588,935$2.08 million

Itu Absorbtech, Inc 401(k) Contact Information

Phone
262-782-1950
Mailing address
2700 SOUTH 160TH STREET, NEW BERLIN WI 53151
Plan sponsor
ITU ABSORBTECH, INC
Employer identification number (EIN)
39-0367080
Plan number
007

Questions about the Itu Absorbtech, Inc 401(k)

Does Itu Absorbtech, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $588,935, 22% of all contributions.

Does the Itu Absorbtech, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Itu Absorbtech, Inc 401(k) plan?

576 participants at the start of plan year 2024, 468 of them active employees, and 88 former employees who still had money in the plan.

What is the average 401(k) balance at Itu Absorbtech, Inc?

About $114,666 per account: $49.3 million in plan assets across 430 accounts with a balance at the end of plan year 2024.

Who manages the Itu Absorbtech, Inc 401(k) accounts?

Voya Financial is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Voya Financial 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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