Retirement plan

PACKAGING CONSULTANTS GROUP, INC. 401(K) PROFIT SHARING PLAN

Name: PACKAGING CONSULTANTS, INC. - PACKAGING CONSULTANTS GROUP, INC. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: PACKAGING CONSULTANTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PACKAGING CONSULTANTS GROUP, INC. 401(K) PROFIT SHARING PLAN, PACKAGING CONSULTANTS, INC.

PACKAGING CONSULTANTS, INC.EIN 04-2699206Plan #004PY 2023

9 WELBY ROAD - NEW BEDFORD, MA 02745508-278-7247pci-packaging.comLinkedIn11-50 employeespackaging and containers

Other plans on this EIN

1 filing

#003Retirement-$155K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.4M

+4.0% from 2022

Total participants

0.0% from 2022

Average account balance

$172,052

+4.0% from 2022

Annual return

10.31%

+23.11 pp from 2022

Benchmarks

See 23,814 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,814 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.05M

Not enough data

1 years with asset history on file

Average account balance

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

$193K

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.

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.

161.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$120K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+9.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14851

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$307K

$30668 / participant

Other / not subdivided$307K100.0%

% of EOY assets

8.913%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$172,052

$154,193+11.6%

$130,045+32.3%

$139,466+23.4%

Participation rate

100.0%

82.0%+18.0pp

78.5%+21.5pp

80.3%+19.7pp

Annual return

10.31%

32.51%-22.2pp

-137.30%+147.6pp

373.66%-363.4pp

Employer contribution / active EE

$3,990

$5,292-24.6%

$4,321-7.7%

$4,754-16.1%

Participant deferral / active EE

$4,981

$6,709-25.7%

$5,820-14.4%

$6,712-25.8%

Admin fee / account holder

$15,334

$13,989+9.6%

$10,600+44.7%

$11,409+34.4%

PACKAGING CONSULTANTS GROUP, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PACKAGING CONSULTANTS GROUP, INC. 401(K) PROFIT SHARING 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