Retirement plan

PONDEROSA PACKAGING CORP. PROFIT SHARING PLAN

Name: PONDEROSA PACKAGING CORP. - PONDEROSA PACKAGING CORP. PROFIT SHARING PLAN (2020) Form 5500
Creator: PONDEROSA PACKAGING CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PONDEROSA PACKAGING CORP. PROFIT SHARING PLAN, PONDEROSA PACKAGING CORP.

PONDEROSA PACKAGING CORP.EIN 11-2751644Plan #001PY 2020

260 SPAGNOLI ROAD - MELVILLE, NY 11747631-367-3158ponderosapack.comLinkedIn1-10 employeesconsumer goods

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$873K

+39.4% from 2019

Total participants

0.0% from 2019

Average account balance

$174,542

+39.4% from 2019

Annual return

24.58%

-3.63 pp from 2019

Benchmarks

See 36,249 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,249 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.13M

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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.

109.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$146K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+7.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$28794

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 codes2E2J2F3D2R

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).
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

0 tripped

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

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

$174,542

$100,868+73.0%

$90,414+93.0%

$158,931+9.8%

Participation rate

100.0%

75.0%+25.0pp

72.7%+27.3pp

82.0%+18.0pp

Annual return

24.58%

1724.58%-1700.0pp

1293.19%-1268.6pp

302.86%-278.3pp

Employer contribution / active EE

$4,538

$3,689+23.0%

$3,262+39.1%

$4,761-4.7%

Participant deferral / active EE

$18,638

$4,348+328.7%

$3,963+370.3%

$5,982+211.5%

Admin fee / account holder

$6,502-100.0%

$5,611-100.0%

$11,247-100.0%

PONDEROSA PACKAGING CORP. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PONDEROSA PACKAGING CORP. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion