Irving Consumer Products retirement plan: assets, participants and fees
What Irving Consumer Products' retirement plan 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 | Millennium Trust Company | 2023 Schedule C ↗ |
| Independent auditor | Pricewaterhousecoopers LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
The recordkeeper is from the plan year 2023 filing, the latest that names one. The other rows are from the plan year 2024 filing.
How the plan compares
Plan year 2024 medians for 650 pension plans in manufacturing with 100 to 499 participants.
| Irving Consumer Products: employer contribution per participant | $6,808 | |
| Peer median | $1,262 |
| Irving Consumer Products: average balance | $107,391 | |
| Peer median | $56,718 |
| Irving Consumer Products: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.79% |
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 $22.8M at the end of plan year 2021 to $24.1M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 224 | $24.1M | $1.5M | $6,808 | 0.03% | Not published | Form 5500 ↗ |
| 2023 | 225 | $21.7M | $823K | $3,656 | 0.03% | Not published | Form 5500 ↗ |
| 2022 | 226 | $18.7M | $539K | $2,383 | 0.05% | Not published | Form 5500 ↗ |
| 2021 | 226 | $22.8M | $584K | $2,583 | 0.03% | Not published | Form 5500 ↗ |
Common questions
Does Irving Consumer Products match 401(k) contributions?
The match terms for the Irving Tissue Pension Plan have not been published from its filing yet. The plan year 2024 filing reports $1.5M in employer contributions, about $6,808 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Irving Consumer Products 401(k) match vested?
The vesting schedule for the Irving Tissue Pension Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Irving Consumer Products 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is Millennium Trust Company. The plan administrator is Irving Consumer Products, Inc..
I left Irving Consumer Products. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Irving Consumer Products, Inc., (506) 859-5543) or the recordkeeper, Millennium Trust Company. The Irving Consumer Products old 401(k) page lists the contacts from every plan filing. Find an old Irving Consumer Products 401(k)
Data from the public Form 5500 annual reports Irving Consumer Products 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 Irving Consumer Products. Not financial advice. Report a correction · Methodology