Plastech Corporation 401(k) Plan: Login, Facts & Contact Information

Plastech Corporation 401(k) Plan Facts

Plan name
FRANDSEN GROUP TAX DEFERRED SAVINGS AND PROFIT SHARING PLAN AND TRUST
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PLASTECH CORPORATION
Participants
949 (481 active employees)
Former employees with a balance
257
Plan assets
$30,235,721 at Dec 31, 2024
Average account balance
$42,888 across 705 accounts
Employer contributions
$2,142,384 in plan year 2024 (57% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1987
✓ 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 Sep 17, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $3.76 million went into the plan in contributions, $2.14 million of it from the employer (57%).
  • $4.13 million was paid out to participants.
  • Investment and other income added $3.24 million.
  • Administrative expenses were $39,917, about $57 per account.

How the Plastech Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019852$25.2 million$1.04 million$2.25 million
2020862$27.5 million$0$2.41 million
2021910$30.8 million$1.35 million$2.93 million
2022955$27.2 million$1.52 million$2.90 million
2023894$27.4 million$1.64 million$6.57 million
2024949$30.2 million$2.14 million$4.13 million

Plastech Corporation 401(k) Contact Information

Phone
651-242-5720
Mailing address
4388 WEST ROUND LAKE ROAD, ARDEN HILLS MN 55112
Plan sponsor
PLASTECH CORPORATION
Employer identification number (EIN)
41-0784793
Plan number
002

Questions about the Plastech Corporation 401(k)

Does Plastech Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.14 million, 57% of all contributions.

Does the Plastech Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Plastech Corporation 401(k) plan?

949 participants at the start of plan year 2024, 481 of them active employees, and 257 former employees who still had money in the plan.

What is the average 401(k) balance at Plastech Corporation?

About $42,888 per account: $30.2 million in plan assets across 705 accounts with a balance at the end of plan year 2024.

Who manages the Plastech Corporation 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Plastech Corporation. How do I access my 401(k)?

Your account stays with Empower 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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