Petrochem Insulation, Inc. 401(k) Plan (terminated 2022): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2022, when $9.74 million was transferred out of the plan. Assets moved to the ARCTIC SLOPE REGIONAL CORPORATION AND SUBSIDIARIES EMPLOYEES RETIREMENT PLAN (sponsored by ARCTIC SLOPE REGIONAL CORPORATION). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the ARCTIC SLOPE REGIONAL CORPORATION AND SUBSIDIARIES EMPLOYEES RETIREMENT PLAN →

Petrochem Insulation, Inc. 401(k) Plan Facts (plan year 2022)

Plan name
PETROCHEM INSULATION, INC. 401(K) PLAN
Plan type
401(k) and profit sharing
Plan sponsor
PETROCHEM INSULATION, INC.
Participants
249
Former employees with a balance
0
Plan year
Jan 1, 2022 – Jul 1, 2022
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 2022 (Jan 1, 2022 – Jul 1, 2022), filed Jul 12, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $5.59 million was paid out to participants.

How the Petrochem Insulation, Inc. 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017355$19.4 million—$1.83 million
2018305$16.1 million—$2.95 million
2019306$16.0 million—$2.26 million
2020282$16.8 million—$832,165
2021265$16.9 million—$1.74 million
2022 (final)249$0—$5.59 million

Petrochem Insulation, Inc. 401(k) Contact Information

Phone
707-644-7455
Mailing address
1501 WEST FOUNTAINHEAD PARKWAY SUITE 550, TEMPE AZ 85282
Plan sponsor
PETROCHEM INSULATION, INC.
Employer identification number (EIN)
95-2906478
Plan number
002

Questions about the Petrochem Insulation, Inc. 401(k)

Is the Petrochem Insulation, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2022. Its assets were transferred to the ARCTIC SLOPE REGIONAL CORPORATION AND SUBSIDIARIES EMPLOYEES RETIREMENT PLAN.

Does Petrochem Insulation, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500.

Does the Petrochem Insulation, Inc 401(k) have automatic enrollment?

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

How many people are in the Petrochem Insulation, Inc 401(k) plan?

249 participants at the start of plan year 2022.

Who manages the Petrochem Insulation, Inc 401(k) accounts?

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

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