Winpak Heat Seal 401(k) match, vesting and fees
What Winpak Heat Seal'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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Striegel Knobloch & Company, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Winpak Heat Seal: employer contribution per participant | $3,003 | |
| Peer median | $1,847 |
| Winpak Heat Seal: average balance | $77,285 | |
| Peer median | $65,512 |
| Winpak Heat Seal: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.32% |
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 $10.7M at the end of plan year 2021 to $14.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 204 | $14.7M | $571K | $3,003 | 0.03% | Not published | Form 5500 ↗ |
| 2023 | 180 | $11.4M | $506K | $2,860 | 0.04% | Not published | Form 5500 ↗ |
| 2022 | 188 | $9.2M | $481K | $2,602 | 0.04% | Not published | Form 5500 ↗ |
| 2021 | 176 | $10.7M | $517K | $2,939 | 0.03% | Not published | Form 5500 ↗ |
Common questions
Does Winpak Heat Seal match 401(k) contributions?
The match terms for the Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $571K in employer contributions, about $3,003 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Winpak Heat Seal 401(k) match vested?
The vesting schedule for the Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Winpak Heat Seal 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Winpak Heat Seal Corporation.
I left Winpak Heat Seal. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Winpak Heat Seal Corporation, (309) 477-6600) or the recordkeeper, Fidelity Investments Institutional. The Winpak Heat Seal old 401(k) page lists the contacts from every plan filing. Find an old Winpak Heat Seal 401(k)
Data from the public Form 5500 annual reports Winpak Heat Seal 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 Winpak Heat Seal. Not financial advice. Report a correction · Methodology