Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Insulfab Plastics, Inc. 401(k) Retirement Savings Program

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Insulfab Plastics, Inc. · South Carolina · Manufacturing

What the 2023 filing shows

Insulfab Plastics, Inc. 401(k) Retirement Savings Program holds $5M for 114 participants — about $47,138 per participant, down 13.7% over the 2022 plan year.

$5M
total plan assets (2022 EOY)
114
covered participants
$47,138
avg assets per participant
-13.7%
assets change YoY

The plan reported a net loss of $852K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$5M
Participants
114
Industry
Manufacturing

What the Filing Says About Insulfab Plastics, Inc. 401(k) Retirement Savings Program

Insulfab Plastics, Inc. 401(k) Retirement Savings Program is a Profit Sharing retirement plan sponsored by Insulfab Plastics, Inc., headquartered in South Carolina. As of the 2022 Form 5500 filing, the plan reports $5M in total end-of-year assets and covers 114 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 221474026, and the plan has been effective since 1987-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $6M at the beginning of 2022 to $5M at year-end — a decline of 13.7%. Net assets (after liabilities) closed the year at $5M, with reported net income of $-851,624 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$6M
Total Assets (End of Year)$5M
Net Assets (End of Year)$5M
Net Income$-851,624
Plan TypeProfit Sharing
Employer EIN221474026
Plan Effective Date1987-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Insulfab Plastics, Inc.)

Year Plans Participants Total Assets
2022 2 122 $12M
2023 2 129 N/A
2024 2 133 N/A

Nearby Profit Sharing Plans in South Carolina

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Insulfab Plastics, Inc. 401(k) Retirement Savings Program?
As of the 2022 Form 5500 filing, Insulfab Plastics, Inc. 401(k) Retirement Savings Program holds $5M in total assets with 114 participants. It is sponsored by Insulfab Plastics, Inc..
What type of plan is Insulfab Plastics, Inc. 401(k) Retirement Savings Program?
Insulfab Plastics, Inc. 401(k) Retirement Savings Program is a Profit Sharing plan. It has been effective since 1987-05-01. The plan is filed with the U.S. Department of Labor under EIN 221474026.
Who sponsors the Insulfab Plastics, Inc. 401(k) Retirement Savings Program?
Insulfab Plastics, Inc. 401(k) Retirement Savings Program is sponsored by Insulfab Plastics, Inc., located in South Carolina. The sponsor's EIN is 221474026 and the plan operates in the Manufacturing industry.
How did Insulfab Plastics, Inc. 401(k) Retirement Savings Program perform in 2022?
Insulfab Plastics, Inc. 401(k) Retirement Savings Program declined by 13.7% during 2022, moving from $6M to $5M in total assets. Net income was $-851,624.
Where can I find official filings for Insulfab Plastics, Inc. 401(k) Retirement Savings Program?
Official Form 5500 filings for Insulfab Plastics, Inc. 401(k) Retirement Savings Program are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 221474026 or plan name at efast.dol.gov.
How does Insulfab Plastics, Inc. 401(k) Retirement Savings Program compare to other plans?
You can compare Insulfab Plastics, Inc. 401(k) Retirement Savings Program against other Profit Sharing plans on the plan type page, or view plans in South Carolina on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 221474026.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.