Putnam Plastics 401(k) match, vesting and fees

Plan year 2024 filingPutnam Plastics Corporation 401(k) Plan · Plan 002 · EIN 26-3402495Updated Oct 2026

What Putnam Plastics' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $971K in employer contributions, about $1,718 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$40,423
Average account balance
590
Participants (end of year)
$22.8M
Plan assets (end of year)
0.61%
Admin expenses ÷ assets

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.

RecordkeeperEmpower Annuity Ins. Co. of AmericaSchedule C ↗
Independent auditorLedoux, Petruska & Co., Inc. (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 1,612 defined-contribution plans in manufacturing with 500 to 999 participants.

Putnam Plastics: employer contribution per participant$1,718
Peer median$2,038
Putnam Plastics: average balance$40,423
Peer median$72,907
Putnam Plastics: admin expenses ÷ assets0.61%
Peer median0.20%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $17.3M at the end of plan year 2021 to $22.8M at the end of plan year 2024.

$17.3M2021$15.5M2022$19M2023$22.8M2024
End-of-year figures from each plan year's Form 5500 filing for the Putnam Plastics plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024590$22.8M$971K$1,7180.61%Not publishedForm 5500 ↗
2023536$19M$922K$1,8010.61%Not publishedForm 5500 ↗
2022509$15.5M$775K$1,6550.59%Not publishedForm 5500 ↗
2021418$17.3M$673K$1,7260.09%Not publishedForm 5500 ↗

Common questions

Does Putnam Plastics match 401(k) contributions?

The match terms for the Putnam Plastics Corporation 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $971K in employer contributions, about $1,718 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Putnam Plastics 401(k) match vested?

The vesting schedule for the Putnam Plastics Corporation 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Putnam Plastics 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Ins. Co. of America. The plan administrator is Putnam Plastics Corporation.

I left Putnam Plastics. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Putnam Plastics Corporation, (860) 774-1559) or the recordkeeper, Empower Annuity Ins. Co. of America. The Putnam Plastics old 401(k) page lists the contacts from every plan filing. Find an old Putnam Plastics 401(k)

Data from the public Form 5500 annual reports Putnam Plastics 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 Putnam Plastics. Not financial advice. Report a correction · Methodology