Closure Systems Companies 401(k) match, vesting and fees
What Closure Systems Companies' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Crowe LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,612 defined-contribution plans in manufacturing with 500 to 999 participants.
| Closure Systems Companies: employer contribution per participant | $5,694 | |
| Peer median | $2,038 |
| Closure Systems Companies: average balance | $143,758 | |
| Peer median | $72,907 |
| Closure Systems Companies: admin expenses ÷ assets | 0.15% | |
| Peer median | 0.20% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets were $131M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 962 | $131M | $5.2M | $5,694 | 0.15% | Not published | Form 5500 ↗ |
Common questions
Does Closure Systems Companies match 401(k) contributions?
The match terms for the Employee Retirement Plan for Closure Systems International have not been published from its filing yet. The plan year 2024 filing reports $5.2M in employer contributions, about $5,694 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Closure Systems Companies 401(k) match vested?
The vesting schedule for the Employee Retirement Plan for Closure Systems International is not in the data published so far. Your Summary Plan Description states it.
Who manages the Closure Systems Companies 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is The Closure Systems Companies Inc.
I left Closure Systems Companies. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (The Closure Systems Companies Inc, (317) 390-5209) or the recordkeeper, Principal Life Insurance Company. The Closure Systems Companies old 401(k) page lists the contacts from every plan filing. Find an old Closure Systems Companies 401(k)
Data from the public Form 5500 annual reports Closure Systems Companies filed with the U.S. Department of Labor (plan years 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Closure Systems Companies. Not financial advice. Report a correction · Methodology