Synalloy Corporation 401(k) Plan (terminated 2022): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2022, when $18.3 million was transferred out of the plan. Assets moved to the DANCHEM TECHNOLOGIES, INC. 401(K) PLAN (sponsored by DANCHEM TECHNOLOGIES, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Synalloy Corporation 401(k) Plan Facts (plan year 2022)

Plan name
ASCENT INDUSTRIES 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
ASCENT INDUSTRIES CO. · formerly Synalloy Corporation
Participants
540
Former employees with a balance
0
Employer contributions
$651,048 in plan year 2022 (28% of all contributions)
Recordkeeper
Merrill Lynch, Pierce, Fenner And S
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 1, 1990
✓ 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 2022 (Jan 1, 2022 – Dec 31, 2022), filed Mar 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $2.32 million went into the plan in contributions, $651,048 of it from the employer (28%).
  • $3.98 million was paid out to participants.

How the Synalloy Corporation 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017496$16.5 million$616,301$2.02 million
2018644$17.3 million$693,779$1.83 million
2019515$23.8 million$830,102$1.77 million
2020586$21.7 million$432,078$5.73 million
2021500$23.5 million$698,630$4.51 million
2022 (final)540$0$651,048$3.98 million

Synalloy Corporation 401(k) Contact Information

Phone
630-884-9181
Mailing address
20 N. MARTINGALE RD. SUITE 430, SCHAUMBURG IL 60173
Plan sponsor
ASCENT INDUSTRIES CO.
Employer identification number (EIN)
57-0426694
Plan number
002

Questions about the Synalloy Corporation 401(k)

Is the Synalloy Corporation 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2022. Its assets were transferred to the DANCHEM TECHNOLOGIES, INC. 401(K) PLAN.

Does Synalloy Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $651,048, 28% of all contributions.

Does the Synalloy Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Synalloy Corporation 401(k) plan?

540 participants at the start of plan year 2022.

Who manages the Synalloy Corporation 401(k) accounts?

Merrill Benefits OnLine (listed on the filing as MERRILL LYNCH, PIERCE, FENNER AND S) is the plan's recordkeeper, which is where participants log in to see their balance.

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