Nice-Pak Products 401(k) match, vesting and fees
What Nice-Pak Products' 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 | Empower Life & Annuity Insurance Co | Schedule C ↗ |
| Independent auditor | Boris Benic and Associates (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| Nice-Pak Products: employer contribution per participant | $1,972 | |
| Peer median | $2,413 |
| Nice-Pak Products: average balance | $78,837 | |
| Peer median | $86,456 |
| Nice-Pak Products: admin expenses ÷ assets | 0.16% | |
| 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 $139M at the end of plan year 2021 to $143M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,843 | $143M | $3.6M | $1,972 | 0.16% | Not published | Form 5500 ↗ |
| 2023 | 1,876 | $132M | $4.6M | $2,502 | 0.20% | Not published | Form 5500 ↗ |
| 2022 | 1,987 | $115M | $5M | $2,620 | 0.20% | Not published | Form 5500 ↗ |
| 2021 | 2,143 | $139M | $5.3M | $2,570 | 0.24% | Not published | Form 5500 ↗ |
Common questions
Does Nice-Pak Products match 401(k) contributions?
The match terms for the Nice-Pak Products, Inc. 401(k) Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $3.6M in employer contributions, about $1,972 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Nice-Pak Products 401(k) match vested?
The vesting schedule for the Nice-Pak Products, Inc. 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Nice-Pak Products 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Life & Annuity Insurance Co. The plan administrator is Nice-Pak Products, Inc..
I left Nice-Pak Products. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Nice-Pak Products, Inc., (845) 792-5376) or the recordkeeper, Empower Life & Annuity Insurance Co. The Nice-Pak Products old 401(k) page lists the contacts from every plan filing. Find an old Nice-Pak Products 401(k)
Data from the public Form 5500 annual reports Nice-Pak 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 Nice-Pak Products. Not financial advice. Report a correction · Methodology