Retirement plan

BEMIS ASSOCIATES, INC. EMPLOYEE DEFERRED SAVINGS PLAN

Name: BEMIS ASSOCIATES, INC. - BEMIS ASSOCIATES, INC. EMPLOYEE DEFERRED SAVINGS PLAN (2020) Form 5500
Creator: BEMIS ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BEMIS ASSOCIATES, INC. EMPLOYEE DEFERRED SAVINGS PLAN, BEMIS ASSOCIATES, INC.

BEMIS ASSOCIATES, INC.EIN 04-1078880Plan #004PY 2020

ONE BEMIS WAY - SHIRLEY, MA 01464978-425-6761bemisworldwide.comLinkedIn201-500 employeesplastics

Other plans on this EIN

2 filings

#003Retirement-$15.3M assets #001Retirement--

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$47M

+27.9% from 2019

Total participants

273

-10.2% from 2019

Average account balance

$172,203

+40.1% from 2019

Annual return

41.18%

+19.15 pp from 2019

Benchmarks

See 1,894 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,894 peers

Snapshot2020

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$56.97M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$208K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

274

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

98.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.05M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.73%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$268

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
CETERA ADVISOR NETWORKS LLC1 year Filed as: CWM LLC Service code 16 13321 CALIFORNIA STREET SUITE 100 · OMAHA, NE 68154	Consulting	$22,153
JOHN HANCOCK LIFE INSURANCE COMPANY2 years Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346	Recordkeeping	$1,350

Plan features & details

Pension benefit codes2E2F2G2J2S2T3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$24K

$135 / participant

Investment mgmt$22K94.3%
Contract admin$1K5.7%

% of EOY assets

0.050%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$172,203

$70,917+142.8%

$98,920+74.1%

$73,493+134.3%

Participation rate

100.0%

73.8%+26.2pp

76.0%+24.0pp

70.7%+29.3pp

Annual return

41.18%

34.18%+7.0pp

196.47%-155.3pp

28.51%+12.7pp

Employer contribution / active EE

$7,233

$2,037+255.1%

$2,689+169.0%

$2,270+218.6%

Participant deferral / active EE

$10,187

$3,501+191.0%

$4,245+140.0%

$3,740+172.4%

Admin fee / account holder

$86

$535-83.9%

$6,643-98.7%

$513-83.2%

Provider

Service type

Compensation

CETERA ADVISOR NETWORKS LLC1 year

Filed as: CWM LLC

Service code 16

13321 CALIFORNIA STREET SUITE 100 · OMAHA, NE 68154

Consulting

$22,153

JOHN HANCOCK LIFE INSURANCE COMPANY2 years

Filed as: JOHN HANCOCK

Service code 15 · EIN 01-0233346

Recordkeeping

$1,350

BEMIS ASSOCIATES, INC. EMPLOYEE DEFERRED SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BEMIS ASSOCIATES, INC. EMPLOYEE DEFERRED SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion