Spectrum Plastics Group 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2012. 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.

Spectrum Plastics Group 401(k) Plan Facts (plan year 2012)

Plan name
SPECTRUM PLASTICS GROUP 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SPECTRUM PLASTICS GROUP
Participants
379 (311 active employees)
Former employees with a balance
79
Plan assets
$13,157,979 at Dec 31, 2012
Average account balance
$35,088 across 375 accounts
Employer contributions
$222,069 in plan year 2012 (18% of all contributions)
Plan year
Jan 1, 2012 – Dec 31, 2012
Plan established
Nov 7, 2001
✓ 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 2012 (Jan 1, 2012 – Dec 31, 2012), filed Oct 15, 2013. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2012

  • $1.24 million went into the plan in contributions, $222,069 of it from the employer (18%).
  • $1.70 million was paid out to participants.
  • Investment and other income added $1.35 million.
  • Administrative expenses were $53,787, about $143 per account.

How the Spectrum Plastics Group 401(k) changed, 2009–2012

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009419$11.8 million$106,230$1.05 million
2010420$12.8 million$37,782$1.17 million
2011401$12.4 million$188,396$1.44 million
2012379$13.2 million$222,069$1.70 million

Spectrum Plastics Group 401(k) Contact Information

Phone
952-927-2433
Mailing address
7309 WEST 27TH STREET, MINNEAPOLIS MN 55426
Plan sponsor
SPECTRUM PLASTICS GROUP
Employer identification number (EIN)
41-1617548
Plan number
001

Questions about the Spectrum Plastics Group 401(k)

Is the Spectrum Plastics Group 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2012, and no later filing was found under this employer's EIN.

Does Spectrum Plastics Group contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2012 the employer contributed $222,069, 18% of all contributions.

Does the Spectrum Plastics Group 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Spectrum Plastics Group 401(k) plan?

379 participants at the start of plan year 2012, 311 of them active employees, and 79 former employees who still had money in the plan.

What is the average 401(k) balance at Spectrum Plastics Group?

About $35,088 per account: $13.2 million in plan assets across 375 accounts with a balance at the end of plan year 2012.

Who manages the Spectrum Plastics Group 401(k) accounts?

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

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