401(k) · DOL Form 5500 · 2023

Winpak Heat Seal Corporation 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
174
Participants Small participant base
61st
Percentile by assets National rank
$65,416
Avg per participant Low balance/head
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Official DOL plan name: Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan · Sponsored by Winpak Heat Seal Corporation · Illinois · Manufacturing

$11M in assets, 174 participants

Winpak Heat Seal Corporation's Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan reported $11M in total assets and 174 participants in its 2023 DOL Form 5500 filing, ranking in the 61st percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #9,052 in Manufacturing (18,722 peers)

Coverage in Illinois

Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan covers 174 participants in Illinois, about 22% of the average Illinois filer (state average ~779 per filing). Assets: $11M.

#9,052
in Manufacturing (18,722 peers)
+23.1%
assets growth YoY

Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan's mid-pack asset rank among Manufacturing and all filers

Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$11,382,353 Top 39% higher than 61% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan sits mid-pack in the medium band (174 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan reported participants rose from 160 in the plan year 2022 filing to 174 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 300111975 · Winpak Heat Seal Corporation PY 2023 · 401(k)

Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan · $11M · 174 · 61st

  • SCH $11M
  • EBSA 174
  • PART 61st
  • TYPE 401(k)
  • NET near Saf-T-Cab, Inc. 401(k) Plan
  • BOOK ind #9052

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Illinois →

Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan in the asset neighbourhood

Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings PlanWinpak Heat Seal Corporation…$11MSaf-T-Cab, Inc. 401(k) Plan$11MEagle Beverage Company Employee Retirement Savings PlanEagle Beverage Company Emplo…$11MAlbert D. Seeno Construction Company Inc. 401(k) PlanAlbert D. Seeno Construction…$11MCovey Equity Holdings, LLC 401(k) PlanCovey Equity Holdings, LLC 4…$11M
End-of-year total assets ($M) among Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN300111975
Plan Effective Date1996-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Winpak Heat Seal Corporation)

Sponsor-wide plan assets over time

All Winpak Heat Seal Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$15M 58.759127520457355% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $9.25M $14.7M ▲ +58.7%
Year Plans Participants Total Assets
2022 1 160 $9M
2023 1 174 $11M
2024 1 169 $15M

Nearby 401(k) Plans in Illinois

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan, Total assets ($B): 0.011382353 · Participants: 174Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Saf-T-Cab, Inc. 401(k) Plan in CA ($11M); by covered participants it is John Mourier Construction Inc Profit Sharing Plan in CA (174 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (174 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan assets move in 2023?
Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan grew sharply - up 23.1% during 2023, from $9M to $11M. Reported net income was $2M.
How have Winpak Heat Seal Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Winpak Heat Seal Corporation's sponsor-wide assets grew 58.8%, from $9M to $15M.
Which 401(k) plans are similar in size to Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan?
Among 401(k) plans in other states, the closest by assets is Saf-T-Cab, Inc. 401(k) Plan in CA ($11M, 89 participants).
Which 401(k) plans cover a similar participant headcount to Winpak Heat Seal Corporation Gcc/Ibt Local 568-M Employee Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is John Mourier Construction Inc Profit Sharing Plan in CA (174 participants, $24M in assets).