Westrock Company 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2016. 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.

Westrock Company 401(k) Plan Facts (plan year 2016)

Plan name
WESTROCK COMPANY 401(K) RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WESTROCK COMPANY
Participants
24,265 (26,601 active employees)
Former employees with a balance
8,134
Plan assets
$2,569,388,828 at Dec 31, 2016
Average account balance
$85,910 across 29,908 accounts
Employer contributions
$89,560,435 in plan year 2016 (41% of all contributions)
Plan year
Jan 1, 2016 – Dec 31, 2016
Plan established
Oct 1, 1997
✓ 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 2016 (Jan 1, 2016 – Dec 31, 2016), filed Sep 8, 2017. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2016

  • $219.3 million went into the plan in contributions, $89.6 million of it from the employer (41%).
  • $280.8 million was paid out to participants.
  • Investment and other income added $241.5 million.
  • Administrative expenses were $1.16 million, about $39 per account.

How the Westrock Company 401(k) changed, 2011–2016

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20118,293$360.7 million$10.2 million$28.4 million
20128,299$1.19 billion$17.8 million$62.2 million
201325,856$1.37 billion$28.3 million$134.3 million
201423,479$1.44 billion$31.3 million$140.3 million
201524,537$2.50 billion$32.3 million$143.7 million
201624,265$2.57 billion$89.6 million$280.8 million

Westrock Company 401(k) Contact Information

Phone
678-291-7137
Mailing address
504 THRASHER STREET, NORCROSS GA 30071
Plan sponsor
WESTROCK COMPANY
Employer identification number (EIN)
62-0342590
Plan number
018

Questions about the Westrock Company 401(k)

Is the Westrock Company 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2016, and no later filing was found under this employer's EIN.

Does Westrock Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2016 the employer contributed $89.6 million, 41% of all contributions.

Does the Westrock Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Westrock Company 401(k) plan?

24,265 participants at the start of plan year 2016, 26,601 of them active employees, and 8,134 former employees who still had money in the plan.

What is the average 401(k) balance at Westrock Company?

About $85,910 per account: $2.57 billion in plan assets across 29,908 accounts with a balance at the end of plan year 2016.

Who manages the Westrock Company 401(k) accounts?

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

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