Samuel Pressure Vessel Group Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2017. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Samuel Pressure Vessel Group Inc. 401(k) Plan Facts (plan year 2017)

Plan name
SILVAN INDUSTRIES DIVISION OF SAMUEL PRESSURE VESSEL GROUP INC. EMPLOYEE'S 401K PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SAMUEL PRESSURE VESSEL GROUP INC.
Participants
279 (245 active employees)
Former employees with a balance
12
Plan assets
$8,105,547 at Dec 31, 2017
Average account balance
$46,054 across 176 accounts
Employer contributions
$137,952 in plan year 2017 (23% of all contributions)
Plan year
Jan 1, 2017 – Dec 31, 2017
Plan established
Mar 3, 1988
✓ 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 2017 (Jan 1, 2017 – Dec 31, 2017), filed Oct 15, 2018. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2017

  • $604,524 went into the plan in contributions, $137,952 of it from the employer (23%).
  • $1.04 million was paid out to participants.
  • Investment and other income added $1.33 million.
  • Administrative expenses were $8,028, about $46 per account.

How the Samuel Pressure Vessel Group Inc. 401(k) changed, 2012–2017

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2012206$1.74 million$88,497$484,377
2013247$1.99 million$112,100$193,345
2014239$2.18 million$103,811$138,491
2015266$2.26 million$108,591$221,271
2016242———
2017279$8.11 million$137,952$1.04 million

Samuel Pressure Vessel Group Inc. 401(k) Contact Information

Phone
715-735-9311
Mailing address
2121 CLEVELAND AVENUE P.O. BOX 767, MARINETTE WI 54143
Plan sponsor
SAMUEL PRESSURE VESSEL GROUP INC.
Employer identification number (EIN)
39-1621566
Plan number
001

Questions about the Samuel Pressure Vessel Group Inc. 401(k)

Is the Samuel Pressure Vessel Group Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2017, and no later filing was found under this employer's EIN.

Does Samuel Pressure Vessel Group Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2017 the employer contributed $137,952, 23% of all contributions.

Does the Samuel Pressure Vessel Group Inc 401(k) have automatic enrollment?

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

How many people are in the Samuel Pressure Vessel Group Inc 401(k) plan?

279 participants at the start of plan year 2017, 245 of them active employees, and 12 former employees who still had money in the plan.

What is the average 401(k) balance at Samuel Pressure Vessel Group Inc?

About $46,054 per account: $8.11 million in plan assets across 176 accounts with a balance at the end of plan year 2017.

Who manages the Samuel Pressure Vessel Group Inc 401(k) accounts?

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

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