Weiman Products, Llc 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2021. 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.

Weiman Products, Llc 401(k) Plan Facts (plan year 2021)

Plan name
WEIMAN PRODUCTS, LLC 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WEIMAN PRODUCTS, LLC
Participants
347 (277 active employees)
Former employees with a balance
116
Plan assets
$23,791,248 at Dec 31, 2021
Average account balance
$61,635 across 386 accounts
Employer contributions
$600,000 in plan year 2021 (20% of all contributions)
Recordkeeper
Jpmorgan Invest Holdings Llc
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Jan 28, 1972
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 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 12, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $2.97 million went into the plan in contributions, $600,000 of it from the employer (20%).
  • $1.43 million was paid out to participants.
  • Investment and other income added $2.70 million.
  • Administrative expenses were $3,109, about $8 per account.

How the Weiman Products, Llc 401(k) changed, 20162021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2016184$8.65 million$567,845$510,576
2017195$11.9 million$540,000$228,154
2018195$11.9 million$600,000$652,333
2019248$16.4 million$600,000$523,273
2020260$19.6 million$600,000$1.29 million
2021347$23.8 million$600,000$1.43 million

Weiman Products, Llc 401(k) Contact Information

Phone
847-263-3500
Mailing address
755 TRI-STATE PKWY, GURNEE IL 60031
Plan sponsor
WEIMAN PRODUCTS, LLC
Employer identification number (EIN)
36-4344914
Plan number
001

Questions about the Weiman Products, Llc 401(k)

Is the Weiman Products, Llc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.

Does Weiman Products, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $600,000, 20% of all contributions.

Does the Weiman Products, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Weiman Products, Llc 401(k) plan?

347 participants at the start of plan year 2021, 277 of them active employees, and 116 former employees who still had money in the plan.

What is the average 401(k) balance at Weiman Products, Llc?

About $61,635 per account: $23.8 million in plan assets across 386 accounts with a balance at the end of plan year 2021.

Who manages the Weiman Products, Llc 401(k) accounts?

J.P. Morgan Retirement Link (listed on the filing as JPMORGAN INVEST HOLDINGS LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

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