401(k)
2024 plan-year 401(k) DOL Form 5500

Selig Sealing Products, Inc. Profit Sharing/401(k) Plan

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

Sponsored by Selig Sealing Products, Inc. · Illinois · Manufacturing

What the 2023 filing shows

Selig Sealing Products, Inc. Profit Sharing/401(k) Plan holds $48M for 224 participants — about $212,186 per participant, up 19.4% over the 2024 plan year.

$48M
total plan assets (2024 EOY)
224
covered participants
$212,186
avg assets per participant
+19.4%
assets growth YoY
Total Assets (2023)
$48M
Participants
224
State
Industry
Manufacturing

What the Filing Says About Selig Sealing Products, Inc. Profit Sharing/401(k) Plan

Selig Sealing Products, Inc. Profit Sharing/401(k) Plan is a 401(k) retirement plan sponsored by Selig Sealing Products, Inc., headquartered in Illinois. As of the 2024 Form 5500 filing, the plan reports $48M in total end-of-year assets and covers 224 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 364497714, and the plan has been effective since 1984-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $40M at the beginning of 2024 to $48M at year-end — a gain of 19.4%. Net assets (after liabilities) closed the year at $48M, with reported net income of $8M 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)$40M
Total Assets (End of Year)$48M
Net Assets (End of Year)$48M
Net Income$8M
Plan Type401(k)
Employer EIN364497714
Plan Effective Date1984-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Selig Sealing Products, Inc.)

Year Plans Participants Total Assets
2022 1 244 $37M
2023 1 244 $40M
2024 1 224 $48M

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Frequently Asked Questions

How much money is in the Selig Sealing Products, Inc. Profit Sharing/401(k) Plan?
As of the 2024 Form 5500 filing, Selig Sealing Products, Inc. Profit Sharing/401(k) Plan holds $48M in total assets with 224 participants. It is sponsored by Selig Sealing Products, Inc..
What type of plan is Selig Sealing Products, Inc. Profit Sharing/401(k) Plan?
Selig Sealing Products, Inc. Profit Sharing/401(k) Plan is a 401(k) plan. It has been effective since 1984-11-01. The plan is filed with the U.S. Department of Labor under EIN 364497714.
Who sponsors the Selig Sealing Products, Inc. Profit Sharing/401(k) Plan?
Selig Sealing Products, Inc. Profit Sharing/401(k) Plan is sponsored by Selig Sealing Products, Inc., located in Illinois. The sponsor's EIN is 364497714 and the plan operates in the Manufacturing industry.
How did Selig Sealing Products, Inc. Profit Sharing/401(k) Plan perform in 2024?
Selig Sealing Products, Inc. Profit Sharing/401(k) Plan grew by 19.4% during 2024, moving from $40M to $48M in total assets. Net income was $8M.
Where can I find official filings for Selig Sealing Products, Inc. Profit Sharing/401(k) Plan?
Official Form 5500 filings for Selig Sealing Products, Inc. Profit Sharing/401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 364497714 or plan name at efast.dol.gov.
How does Selig Sealing Products, Inc. Profit Sharing/401(k) Plan compare to other plans?
You can compare Selig Sealing Products, Inc. Profit Sharing/401(k) Plan against other 401(k) plans on the plan type page, or view plans in Illinois 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 364497714.

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.