401(k) · DOL Form 5500 · 2024

Formosa Plastics Corporation, U.S.a 401(k) Plan

Data updated 2026-08-11

$918M
Total assets
3,543
Participants
98th
Percentile by assets
$259,074
Avg per participant
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Official DOL plan name: Formosa Plastics Corporation Employees Savings Plan · Sponsored by Formosa Plastics Corporation, U.S.a · New Jersey · Manufacturing

$918M in assets, 3,543 participants

Formosa Plastics Corporation, U.S.a's Formosa Plastics Corporation Employees Savings Plan reported $918M in total assets and 3,543 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 123,622 plans)
  • #17,274 in Manufacturing (17,777 peers)

Coverage in New Jersey

Formosa Plastics Corporation Employees Savings Plan covers 3,543 participants in New Jersey, 4.2x the typical New Jersey plan (state average ~844 per filing). Assets: $918M.

$918M
total plan assets (2024 EOY)
3,543
covered participants
98th
percentile by assets (of 123,622 plans)
$259,074
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Formosa Plastics Corporation Employees Savings Plan end-of-year assets rose from $794M in the plan year 2023 filing to $918M in the plan year 2024 filing.
  • Formosa Plastics Corporation Employees Savings Plan reported net income rose from $111M in the plan year 2023 filing to $124M in the plan year 2024 filing.
  • Formosa Plastics Corporation Employees Savings Plan reported participants rose from 3,349 in the plan year 2023 filing to 3,543 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Formosa Plastics Corporation Employees Savings Plan reports 3,543 participants - 4.2x that state average ($918M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$794M
Net Assets (End of Year)$918M
Net Income$124M
Employer EIN132968367
Plan Effective Date1981-05-01
Filing StatusFILING RECEIVED

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

$0.9B$1B$1.1B$1.2B$1.3B 202220232024 $0.99B $1.26B ▲ +27.3%
Total plan assets by year, all Formosa Plastics Corporation, U.S.a plans on file
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

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

Formosa Plastics Corporation Employees Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Formosa Plastics Corporation Employees Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Formosa Plastics Cor…JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Formosa Plastics Corporation Employees Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Formosa Plastics Corporation Employees Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Formosa Plastics Corporation Employees Savings Plan assets move in 2024?
Formosa Plastics Corporation Employees Savings Plan grew sharply - up 15.6% during 2024, from $794M to $918M. Reported net income was $124M.
How have Formosa Plastics Corporation, U.S.a plan assets changed over time?
Across 3 plan years on file (2022-2024), Formosa Plastics Corporation, U.S.a's sponsor-wide assets grew 28.1%, from $987M to $1.3B.
Where does Formosa Plastics Corporation Employees Savings Plan rank by assets among Form 5500 filers?
Formosa Plastics Corporation Employees Savings Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Formosa Plastics Corporation Employees Savings Plan?
Among 401(k) plans in other states, the closest by assets is Flagstar Financial, Inc. Employee Savings Plan in NY ($918M, 4,956 participants).

Next read for Formosa Plastics Corporation Employees S…

Filing takeaways

Ways to act on Formosa Plastics Corporation Employees Savings Plan's numbers.

  • By total assets, Formosa Plastics Corporation Employees Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
  • Formosa Plastics Corporation, U.S.a's sponsor-wide assets have grown 28.1% since 2022 across 3 plan years on file. More Manufacturing plans