Plasman Corp. Llc 401(k) Plan: Login, Facts & Contact Information

Plasman Corp. Llc 401(k) Plan Facts

Plan name
A.P. PLASMAN EMPLOYEE 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PLASMAN CORP. LLC
Participants
1,043 (1,066 active employees)
Former employees with a balance
93
Plan assets
$15,010,849 at Dec 31, 2024
Average account balance
$32,491 across 462 accounts
Employer contributions
$802,054 in plan year 2024 (33% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2011
✓ 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 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.46 million went into the plan in contributions, $802,054 of it from the employer (33%).
  • $3.38 million was paid out to participants.
  • Investment and other income added $2.06 million.
  • Administrative expenses were $117,687, about $255 per account.

How the Plasman Corp. Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019763$21.3 million$509,665$2.44 million
2020711$18.8 million$132,735$5.60 million
2021730$19.6 million$418,077$2.99 million
2022804$22.4 million$702,513$3.00 million
20231,520$25.1 million$814,963$2.89 million
20241,043$15.0 million$802,054$3.38 million

Plasman Corp. Llc 401(k) Contact Information

Phone
256-979-1100
Mailing address
403 AIRPORT ROAD, FORT PAYNE AL 35968
Plan sponsor
PLASMAN CORP. LLC
Plan administrator
SBSF
Employer identification number (EIN)
27-2166085
Plan number
001

Questions about the Plasman Corp. Llc 401(k)

Does Plasman Corp. Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $802,054, 33% of all contributions.

Does the Plasman Corp. Llc 401(k) have automatic enrollment?

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

How many people are in the Plasman Corp. Llc 401(k) plan?

1,043 participants at the start of plan year 2024, 1,066 of them active employees, and 93 former employees who still had money in the plan.

What is the average 401(k) balance at Plasman Corp. Llc?

About $32,491 per account: $15.0 million in plan assets across 462 accounts with a balance at the end of plan year 2024.

Who manages the Plasman Corp. Llc 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 Plasman Corp. Llc. 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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