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

Parker Plastics, Inc. 401(k) Plan Facts

Plan name
PARKER PLASTICS, INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PARKER PLASTICS, INC.
Participants
369 (274 active employees)
Former employees with a balance
33
Plan assets
$17,494,625 at Dec 31, 2024
Average account balance
$55,715 across 314 accounts
Employer contributions
$869,125 in plan year 2024 (48% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1994
✓ 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 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.81 million went into the plan in contributions, $869,125 of it from the employer (48%).
  • $3.00 million was paid out to participants.
  • Investment and other income added $1.80 million.
  • Administrative expenses were $122,416, about $390 per account.

How the Parker Plastics, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019286$13.9 million$543,997$1.49 million
2020282$16.2 million$909,152$1.06 million
2021287$18.7 million$1.21 million$1.69 million
2022314$16.5 million$865,078$1.32 million
2023336$17.0 million$338,290$2.75 million
2024369$17.5 million$869,125$3.00 million

Parker Plastics, Inc. 401(k) Contact Information

Phone
262-947-3344
Mailing address
8201 109TH STREET SUITE 200, PLEASANT PRAIRIE WI 53158
Plan sponsor
PARKER PLASTICS, INC.
Employer identification number (EIN)
73-1324371
Plan number
001

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

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

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $869,125, 48% of all contributions.

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

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

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

369 participants at the start of plan year 2024, 274 of them active employees, and 33 former employees who still had money in the plan.

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

About $55,715 per account: $17.5 million in plan assets across 314 accounts with a balance at the end of plan year 2024.

Who manages the Parker 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 Parker 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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