401(k)
2022 plan-year 401(k) DOL Form 5500

Formosa Plastics Corporation Employees Savings Plan

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

Sponsored by Formosa Plastics Corporation, U.S.a · New Jersey · Manufacturing

What the 2023 filing shows

Formosa Plastics Corporation Employees Savings Plan holds $683M for 3,283 participants — about $208,015 per participant, down 14.0% over the 2022 plan year.

$683M
total plan assets (2022 EOY)
3,283
covered participants
$208,015
avg assets per participant
-14.0%
assets change YoY

The plan reported a net loss of $111M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$683M
Participants
3,283
State
Industry
Manufacturing

What the Filing Says About Formosa Plastics Corporation Employees Savings Plan

Formosa Plastics Corporation Employees Savings Plan is a 401(k) retirement plan sponsored by Formosa Plastics Corporation, U.S.a, headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports $683M in total end-of-year assets and covers 3,283 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 132968367, and the plan has been effective since 1981-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $794M at the beginning of 2022 to $683M at year-end — a decline of 14.0%. Net assets (after liabilities) closed the year at $683M, with reported net income of $-110,874,441 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)$794M
Total Assets (End of Year)$683M
Net Assets (End of Year)$683M
Net Income$-110,874,441
Plan Type401(k)
Employer EIN132968367
Plan Effective Date1981-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Formosa Plastics Corporation, U.S.a)

Year Plans Participants Total Assets
2022 2 6,575 $987M
2023 2 6,624 $1.1B
2024 2 6,989 $1.3B

Nearby 401(k) Plans in New Jersey

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Frequently Asked Questions

How much money is in the Formosa Plastics Corporation Employees Savings Plan?
As of the 2022 Form 5500 filing, Formosa Plastics Corporation Employees Savings Plan holds $683M in total assets with 3,283 participants. It is sponsored by Formosa Plastics Corporation, U.S.a.
What type of plan is Formosa Plastics Corporation Employees Savings Plan?
Formosa Plastics Corporation Employees Savings Plan is a 401(k) plan. It has been effective since 1981-05-01. The plan is filed with the U.S. Department of Labor under EIN 132968367.
Who sponsors the Formosa Plastics Corporation Employees Savings Plan?
Formosa Plastics Corporation Employees Savings Plan is sponsored by Formosa Plastics Corporation, U.S.a, located in New Jersey. The sponsor's EIN is 132968367 and the plan operates in the Manufacturing industry.
How did Formosa Plastics Corporation Employees Savings Plan perform in 2022?
Formosa Plastics Corporation Employees Savings Plan declined by 14.0% during 2022, moving from $794M to $683M in total assets. Net income was $-110,874,441.
Where can I find official filings for Formosa Plastics Corporation Employees Savings Plan?
Official Form 5500 filings for Formosa Plastics Corporation Employees Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 132968367 or plan name at efast.dol.gov.
How does Formosa Plastics Corporation Employees Savings Plan compare to other plans?
You can compare Formosa Plastics Corporation Employees Savings Plan against other 401(k) plans on the plan type page, or view plans in New Jersey 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 132968367.

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.