401(k) · DOL Form 5500 · 2023

Plastic Products, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
44
Participants Small participant base
55th
Percentile by assets National rank
$192,893
Avg per participant Above avg balance/head
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Official DOL plan name: Plastic Products, Inc. 401(k) Profit Sharing Plan · Sponsored by Plastic Products, Inc. · North Carolina · Manufacturing

$8M in assets, 44 participants

Plastic Products, Inc.'s Plastic Products, Inc. 401(k) Profit Sharing Plan reported $8M in total assets and 44 participants in its 2023 DOL Form 5500 filing, ranking in the 55th 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.

  • #7,570 in Manufacturing (18,722 peers)

Plastic Products, Inc. multi-year trail

Plastic Products, Inc.'s plans moved +42.0% in assets from 2022 to 2024; this filing shows Plastic Products, Inc. 401(k) Profit Sharing Plan at $8M / 44 participants.

#7,570
in Manufacturing (18,722 peers)
+24.3%
assets growth YoY

Plastic Products, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Plastic Products, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$8,487,273 Top 45% higher than 55% 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

Plastic Products, Inc. 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Plastic Products, Inc. 401(k) Profit Sharing Plan is a small filing (44 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Plastic Products, Inc. 401(k) Profit Sharing Plan reported net income rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Plastic Products, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Plastic Products, Inc. 401(k) Profit Sharing Plan reported participants rose from 43 in the plan year 2022 filing to 44 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 560897565 · Plastic Products, Inc. PY 2023 · 401(k)

Plastic Products, Inc. 401(k) Profit Sharing Plan · $8M · 44 · 55th

  • EBSA $8M
  • PART 44
  • TYPE 55th
  • NET 401(k)
  • BOOK near Strategic Technology Institute, Inc. Retirement Plan
  • VS-ST ind #7570

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 North Carolina →

Plastic Products, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Plastic Products, Inc. 401(k) Profit Sharing PlanPlastic Products, Inc. 401(k…$8MStrategic Technology Institute, Inc. Retirement PlanStrategic Technology Institu…$8MWatermill Express Retirement PlanWatermill Express Retirement…$8MResource Management Systems, Inc. Retirement Savings PlanResource Management Systems,…$8MHutchmed International Corporation 401(k) PlanHutchmed International Corpo…$8M
End-of-year total assets ($M) among Plastic Products, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Plastic Products, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Plastic Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 41.99967523620416% vs 2022
2024 filing year
$6M$7M$8M$9M$10M 202220232024 $6.83M $9.7M ▲ +42.0%
Year Plans Participants Total Assets
2022 1 43 $7M
2023 1 44 $8M
2024 1 49 $10M

Plastic Products, Inc. filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN560897565
Plan Effective Date1976-09-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Plastic Products, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Plastic Products, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.008487273 · Participants: 44Plastic Products, Inc. 401(k) Profit Sharing PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Plastic Products, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Plastic Products, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Strategic Technology Institute, Inc. Retirement Plan in MD ($8M); by covered participants it is Stancy Health Care Corp. 401(k) Plan in AZ (44 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (44 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 Plastic Products, Inc. 401(k) Profit Sharing Plan assets move in 2023?
Plastic Products, Inc. 401(k) Profit Sharing Plan grew sharply - up 24.3% during 2023, from $7M to $8M. Reported net income was $2M.
How have Plastic Products, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Plastic Products, Inc.'s sponsor-wide assets grew 42.0%, from $7M to $10M.
Which 401(k) plans are similar in size to Plastic Products, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Strategic Technology Institute, Inc. Retirement Plan in MD ($8M, 557 participants).
Which 401(k) plans cover a similar participant headcount to Plastic Products, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Stancy Health Care Corp. 401(k) Plan in AZ (44 participants, $1M in assets).