Top plastic part of the balance is showing when window is closed
I don't think you have the S385-30. The metal hook I see in your photo is a certain style used on only one type of balance. It looks similar to the S385, but it's incompatible.
In order to confirm, can you remove the balance from the window and show me a clear picture of the bottom nylon attachment? Can you also show me the stamp?
As for why the top attachment is showing, I'm not sure. It's possible the top sash guide is broke considering I don't see one in your photo. Do you have an identical window in the house that still has its top sash guides? If you compare those two windows that will confirm if this is indeed the problem.
Ah, I see. So this window has two different balances on either side. They definitely should be the same, and I suppose if every other window uses the Series 385 then logic dictates this balance should be a Series 385 as well. It's just peculiar. Whoever installed the special balance would have really had to have gone out of their way to get it. The Series 385 is much easier to get a hold of!
If the window has been working fine so far, then you should be okay, but you definitely want symmetrical balances. Keep in mind that as long as the balances aren't symmetrical, the other balance will be wearing down faster from the strain. When you're ready to swap it out, you should consider swapping both sides at once.