Psi Molded Plastics Holdings, Inc. 401(k) Plan: Login, Facts & Contact Information

Psi Molded Plastics Holdings, Inc. 401(k) Plan Facts

Plan name
PSI MOLDED PLASTICS INC. 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PSI MOLDED PLASTICS HOLDINGS, INC.
Participants
520 (408 active employees)
Former employees with a balance
80
Plan assets
$5,650,902 at Dec 31, 2023
Average account balance
$28,540 across 198 accounts
Employer contributions
$162,546 in plan year 2023 (30% of all contributions)
Recordkeeper
Transamerica Retirement Solutions,
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Oct 1, 1991
✓ 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 2023 (Jan 1, 2023 – Dec 31, 2023), filed Oct 17, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $544,317 went into the plan in contributions, $162,546 of it from the employer (30%).
  • $419,442 was paid out to participants.
  • Investment and other income added $697,345.
  • Administrative expenses were $32,130, about $162 per account.

How the Psi Molded Plastics Holdings, Inc. 401(k) changed, 2019–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019439$5.80 million$91,712$622,536
2020502$6.20 million—$524,921
2021443$6.38 million$69,069$897,405
2022476$4.89 million$158,193$1.08 million
2023520$5.65 million$162,546$419,442

Psi Molded Plastics Holdings, Inc. 401(k) Contact Information

Phone
574-288-2100
Mailing address
3615 VOORDE DRIVE CITY, SOUTH BEND IN 46628
Plan sponsor
PSI MOLDED PLASTICS HOLDINGS, INC.
Employer identification number (EIN)
82-3327487
Plan number
001

Questions about the Psi Molded Plastics Holdings, Inc. 401(k)

Does Psi Molded Plastics Holdings, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $162,546, 30% of all contributions.

Does the Psi Molded Plastics Holdings, Inc 401(k) have automatic enrollment?

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

How many people are in the Psi Molded Plastics Holdings, Inc 401(k) plan?

520 participants at the start of plan year 2023, 408 of them active employees, and 80 former employees who still had money in the plan.

What is the average 401(k) balance at Psi Molded Plastics Holdings, Inc?

About $28,540 per account: $5.65 million in plan assets across 198 accounts with a balance at the end of plan year 2023.

Who manages the Psi Molded Plastics Holdings, Inc 401(k) accounts?

Transamerica (listed on the filing as TRANSAMERICA RETIREMENT SOLUTIONS,) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Psi Molded Plastics Holdings, Inc. How do I access my 401(k)?

Your account stays with Transamerica 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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