Soprema, Inc. 401(k) Plan: Login, Facts & Contact Information

Soprema, Inc. 401(k) Plan Facts

Plan name
SOPREMA-CONVOY USA 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SOPREMA, INC.
Participants
897 (769 active employees)
Former employees with a balance
101
Plan assets
$54,185,705 at Dec 31, 2024
Average account balance
$90,460 across 599 accounts
Employer contributions
$1,914,753 in plan year 2024 (29% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1994
✓ 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 12, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $6.65 million went into the plan in contributions, $1.91 million of it from the employer (29%).
  • $6.48 million was paid out to participants.
  • Investment and other income added $6.24 million.
  • Administrative expenses were $48,414, about $81 per account.

How the Soprema, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019602$27.4 million$1.23 million$2.51 million
2020695$33.6 million$1.35 million$1.98 million
2021730$37.9 million$1.41 million$4.65 million
2022936$35.1 million$1.58 million$2.15 million
2023893$43.1 million$1.67 million$3.46 million
2024897$54.2 million$1.91 million$6.48 million

Soprema, Inc. 401(k) Contact Information

Phone
330-331-3057
Mailing address
310 QUADRAL DRIVE, WADSWORTH OH 44281
Plan sponsor
SOPREMA, INC.
Employer identification number (EIN)
34-1672818
Plan number
001

Questions about the Soprema, Inc. 401(k)

Does Soprema, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.91 million, 29% of all contributions.

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

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

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

897 participants at the start of plan year 2024, 769 of them active employees, and 101 former employees who still had money in the plan.

What is the average 401(k) balance at Soprema, Inc?

About $90,460 per account: $54.2 million in plan assets across 599 accounts with a balance at the end of plan year 2024.

Who manages the Soprema, Inc 401(k) accounts?

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

I no longer work at Soprema, Inc. 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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