The Millcraft Paper Company 401(k) Plan: Login, Facts & Contact Information

The Millcraft Paper Company 401(k) Plan Facts

Plan name
THE MILLCRAFT PAPER COMPANY SAVINGS & INVESTMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
THE MILLCRAFT PAPER COMPANY
Participants
332 (261 active employees)
Former employees with a balance
49
Plan assets
$22,850,124 at Dec 31, 2024
Average account balance
$74,189 across 308 accounts
Employer contributions
$37,389 in plan year 2024 (2% of all contributions)
Recordkeeper
Empower Annuity
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1987
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 Jul 18, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.64 million went into the plan in contributions, $37,389 of it from the employer (2%).
  • $2.13 million was paid out to participants.
  • Investment and other income added $2.68 million.
  • Administrative expenses were $121,090, about $393 per account.

How the The Millcraft Paper Company 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019255$16.1 million$627,906$1.43 million
2020271$17.1 million$427,497$2.86 million
2021266$19.8 million$750,000$1.89 million
2022278$16.9 million$996,100$2.10 million
2023308$20.8 million$500,000$910,347
2024332$22.9 million$37,389$2.13 million

The Millcraft Paper Company 401(k) Contact Information

Phone
216-441-5505
Mailing address
9010 RIO NERO DRIVE, INDEPENDENCE OH 44131
Plan sponsor
THE MILLCRAFT PAPER COMPANY
Employer identification number (EIN)
34-0401595
Plan number
001

Questions about the The Millcraft Paper Company 401(k)

Does The Millcraft Paper Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $37,389, 2% of all contributions.

Does the The Millcraft Paper Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the The Millcraft Paper Company 401(k) plan?

332 participants at the start of plan year 2024, 261 of them active employees, and 49 former employees who still had money in the plan.

What is the average 401(k) balance at The Millcraft Paper Company?

About $74,189 per account: $22.9 million in plan assets across 308 accounts with a balance at the end of plan year 2024.

Who manages the The Millcraft Paper Company 401(k) accounts?

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

I no longer work at The Millcraft Paper Company. 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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