Formosa Plastics Corporation, U.S.A. 401(k) match, vesting and fees
What Formosa Plastics Corporation, U.S.A.'s 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 | Merrill Lynch, Pierce, Fenner and S | Schedule C ↗ |
| Independent auditor | Bdo USA, P. C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| Formosa Plastics Corporation, U.S.A.: employer contribution per participant | $4,897 | |
| Peer median | $2,413 |
| Formosa Plastics Corporation, U.S.A.: average balance | $221,822 | |
| Peer median | $86,456 |
| Formosa Plastics Corporation, U.S.A.: admin expenses ÷ assets | 0.02% | |
| Peer median | 0.12% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $794M at the end of plan year 2021 to $918M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,196 | $918M | $20.3M | $4,897 | 0.02% | Not published | Form 5500 ↗ |
| 2023 | 4,153 | $794M | $18.7M | $4,558 | 0.02% | Not published | Form 5500 ↗ |
| 2022 | 3,964 | $683M | $17.2M | $4,408 | 0.01% | Not published | Form 5500 ↗ |
| 2021 | 3,848 | $794M | $16.9M | $4,451 | 0.01% | Not published | Form 5500 ↗ |
Other Formosa Plastics Corporation, U.S.A. plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Formosa Plastics Corporation, U.S.A. Pension Plan
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.
| Independent auditor | Bdo Usa,p.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Formosa Plastics Corporation, U.S.A. match 401(k) contributions?
The match terms for the Formosa Plastics Corporation Employees Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $20.3M in employer contributions, about $4,897 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Formosa Plastics Corporation, U.S.A. 401(k) match vested?
The vesting schedule for the Formosa Plastics Corporation Employees Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Formosa Plastics Corporation, U.S.A. 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Merrill Lynch, Pierce, Fenner and S. The plan administrator is Formosa Plastics Corporation, U.S.A.
I left Formosa Plastics Corporation, U.S.A.. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Formosa Plastics Corporation, U.S.A, (973) 716-7487) or the recordkeeper, Merrill Lynch, Pierce, Fenner and S. The Formosa Plastics Corporation, U.S.A. old 401(k) page lists the contacts from every plan filing. Find an old Formosa Plastics Corporation, U.S.A. 401(k)
Data from the public Form 5500 annual reports Formosa Plastics Corporation, U.S.A. filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 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 Formosa Plastics Corporation, U.S.A.. Not financial advice. Report a correction · Methodology