Phoenix Packaging Operations, LLC 401(k) Profit Sharing Plan

Phoenix Packaging Operations, LLC, Dublin VA. Employer ID 272164725, plan number 001. Annual reports on file for 2011 to 2022.

Where the money went

Filed 2011-2022Phoenix Packaging Operations, LLC 401(k) Profit Sharing Plan, Phoenix Packaging Operations, LLC
2022Assets transferred to Tekni-plex, Inc. 401(k) Plan
TodayTekni-plex, Inc. 401(k) Plan still files. Principal Life Insurance Company keeps the records. That is where to ask.

Records are kept by Principal Life Insurance Company, per the 2024 filing.

In plan year 2015, 106 people (25% of active participants) left before they were fully vested. Turnover that high can count as a partial plan termination (Revenue Ruling 2007-43), which requires full vesting of employer money for those who left. The plan may argue it was routine turnover. Filing

This is a reason to ask the plan, not a finding. The plan decides, and it may show the drop was routine.

Check your years. We show whether the plan merged or moved money while you were there, and draft the letter to the plan that holds it now.

2022: The plan filed its last report: it ended, merged into another plan, or paid everyone out.
2022: At least a quarter of the plan's money moved to another plan this year, usually in a merger or company split.
2022: The employer decided to close the plan.

"Left, still in the plan" counts people who left the employer but still have a benefit in the plan, as reported by the plan.

Plan year	Participants	Left, still in the plan	Source
2011	171	—	Filing
2012	279	1	Filing
2013	474	1	Filing
2014	518	94	Filing
2015	451	74	Filing
2016	565	184	Filing
2017	428	61	Filing
2018	428	69	Filing
2019	449	71	Filing
2020	550	91	Filing
2021	533	101	Filing
2022	0	0	Filing

Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.