Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Retirement Income Plan for Employees of Insulfab Plastics, Inc.

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

Retirement Income Plan for Employees of Insulfab Plastics, Inc. holds $6M for 8 participants — about $789,668 per participant, down 14.2% over the 2022 plan year.

$6M
total plan assets (2022 EOY)
8
covered participants
$789,668
avg assets per participant
-14.2%
assets change YoY

The plan reported a net loss of $1M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$6M
Participants
8
Industry
Manufacturing

What the Filing Says About Retirement Income Plan for Employees of Insulfab Plastics, Inc.

Retirement Income Plan for Employees of Insulfab Plastics, Inc. is a Defined Benefit (Pension) retirement plan sponsored by Insulfab Plastics, Inc., headquartered in South Carolina. As of the 2022 Form 5500 filing, the plan reports $6M in total end-of-year assets and covers 8 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 1972-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $7M at the beginning of 2022 to $6M at year-end — a decline of 14.2%. Net assets (after liabilities) closed the year at $6M, with reported net income of $-1,045,342 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)$7M
Total Assets (End of Year)$6M
Net Assets (End of Year)$6M
Net Income$-1,045,342
Plan TypeDefined Benefit (Pension)
Employer EIN221474026
Plan Effective Date1972-01-01
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 Defined Benefit (Pension) Plans in South Carolina

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Retirement Income Plan for Employees of Insulfab Plastics, Inc.?
As of the 2022 Form 5500 filing, Retirement Income Plan for Employees of Insulfab Plastics, Inc. holds $6M in total assets with 8 participants. It is sponsored by Insulfab Plastics, Inc..
What type of plan is Retirement Income Plan for Employees of Insulfab Plastics, Inc.?
Retirement Income Plan for Employees of Insulfab Plastics, Inc. is a Defined Benefit (Pension) plan. It has been effective since 1972-01-01. The plan is filed with the U.S. Department of Labor under EIN 221474026.
Who sponsors the Retirement Income Plan for Employees of Insulfab Plastics, Inc.?
Retirement Income Plan for Employees of Insulfab Plastics, Inc. 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 Retirement Income Plan for Employees of Insulfab Plastics, Inc. perform in 2022?
Retirement Income Plan for Employees of Insulfab Plastics, Inc. declined by 14.2% during 2022, moving from $7M to $6M in total assets. Net income was $-1,045,342.
Where can I find official filings for Retirement Income Plan for Employees of Insulfab Plastics, Inc.?
Official Form 5500 filings for Retirement Income Plan for Employees of Insulfab Plastics, Inc. 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 Retirement Income Plan for Employees of Insulfab Plastics, Inc. compare to other plans?
You can compare Retirement Income Plan for Employees of Insulfab Plastics, Inc. against other Defined Benefit (Pension) 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.