Plastic Packaging, Inc. 401(k) Plan (terminated 2016): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2016, when $3.93 million was transferred out of the plan. Assets moved to the SONOCO RETIREMENT & SAVINGS PLAN (sponsored by SONOCO PRODUCTS COMPANY). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the SONOCO RETIREMENT & SAVINGS PLAN →

Plastic Packaging, Inc. 401(k) Plan Facts (plan year 2016)

Plan name
PLASTIC PACKAGING, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PLASTIC PACKAGING, INC.
Participants
170
Former employees with a balance
0
Plan year
Nov 1, 2016 – Feb 28, 2017
Plan established
Nov 1, 1985
✓ 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 2016 (Nov 1, 2016 – Feb 28, 2017), filed Dec 15, 2017. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2016

  • $79,078 went into the plan in contributions.
  • $273,928 was paid out to participants.
  • Investment and other income added $236,577.

How the Plastic Packaging, Inc. 401(k) changed, 2011–2016

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2011192$3.17 million$1,124$930,822
2012191$3.50 million—$412,808
2013209$3.79 million$304$280,679
2014203$3.86 million—$268,760
2015183$3.89 million—$386,492
2016 (final)170$0—$273,928

Plastic Packaging, Inc. 401(k) Contact Information

Phone
828-328-1369
Mailing address
1246 MAIN AVENUE SE, HICKORY NC 28602
Plan sponsor
PLASTIC PACKAGING, INC.
Employer identification number (EIN)
56-0260760
Plan number
003

Questions about the Plastic Packaging, Inc. 401(k)

Is the Plastic Packaging, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2016. Its assets were transferred to the SONOCO RETIREMENT & SAVINGS PLAN.

Does Plastic Packaging, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Plastic Packaging, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Plastic Packaging, Inc 401(k) plan?

170 participants at the start of plan year 2016.

Who manages the Plastic Packaging, Inc 401(k) accounts?

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

Related Companies
Headquarter: 4685 INVESTMENT DRIVE, TROY, MI, 48098
Headquarter: 30355 AKERSON ST, LINDSTROM, MN, 550459456
Headquarter: 1 META WAY, MENLO PARK, CA, 94025
Headquarter: 1025 WEST NASA BLVD, MELBOURNE, FL, 32901
Headquarter: 855 S. MINT STREET, CHARLOTTE, NC, 28202