Kraton Polymers U.s. Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2021. 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.

Kraton Polymers U.s. Llc 401(k) Plan Facts (plan year 2021)

Plan name
KRATON SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
KRATON POLYMERS U.S. LLC
Participants
1,459 (1,119 active employees)
Former employees with a balance
325
Plan assets
$336,146,947 at Dec 31, 2021
Average account balance
$233,435 across 1,440 accounts
Employer contributions
$11,017,331 in plan year 2021 (44% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Mar 1, 2001
✓ 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 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 17, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $24.8 million went into the plan in contributions, $11.0 million of it from the employer (44%).
  • $35.0 million was paid out to participants.
  • Investment and other income added $40.3 million.
  • Administrative expenses were $28,617, about $20 per account.

How the Kraton Polymers U.s. Llc 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2016725$196.2 million$4.49 million$6.16 million
2017720$235.8 million$8.39 million$14.4 million
20181,474$225.1 million$9.16 million$19.9 million
20191,465$267.7 million$9.64 million$28.7 million
20201,517$306.0 million$10.6 million$24.5 million
20211,459$336.1 million$11.0 million$35.0 million

Kraton Polymers U.s. Llc 401(k) Contact Information

Phone
904-928-8829
Mailing address
15710 JOHN F KENNEDY BOULEVARD SUITE 300, HOUSTON TX 77032
Plan sponsor
KRATON POLYMERS U.S. LLC
Employer identification number (EIN)
76-0607595
Plan number
001

Questions about the Kraton Polymers U.s. Llc 401(k)

Is the Kraton Polymers U.s. Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.

Does Kraton Polymers U.s. Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $11.0 million, 44% of all contributions.

Does the Kraton Polymers U.s. Llc 401(k) have automatic enrollment?

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

How many people are in the Kraton Polymers U.s. Llc 401(k) plan?

1,459 participants at the start of plan year 2021, 1,119 of them active employees, and 325 former employees who still had money in the plan.

What is the average 401(k) balance at Kraton Polymers U.s. Llc?

About $233,435 per account: $336.1 million in plan assets across 1,440 accounts with a balance at the end of plan year 2021.

Who manages the Kraton Polymers U.s. Llc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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