Retirement plan

PACKAGING MACHINERY MANUFACTURERS INSTITUTE 401(K) AND PROFIT SHARING PLAN

Name: PACKAGING MACHINERY MANUFACTURERS INSTITUTE - PACKAGING MACHINERY MANUFACTURERS INSTITUTE 401(K) AND PROFIT SHARING PLAN (2017) Form 5500
Creator: PACKAGING MACHINERY MANUFACTURERS INSTITUTE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PACKAGING MACHINERY MANUFACTURERS INSTITUTE 401(K) AND PROFIT SHARING PLAN, PACKAGING MACHINERY MANUFACTURERS INSTITUTE

PACKAGING MACHINERY MANUFACTURERS INSTITUTEEIN 13-1142150Plan #002PY 2017

11911 FREEDOM DRIVE, SUITE 600 - RESTON, VA 20190571-612-3214LinkedIn51-200 employeescivic & social organization

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$22.6M

+25.5% from 2016

Total participants

130

-5.1% from 2016

Average account balance

$171,514

+16.0% from 2016

Annual return

18.85%

+10.97 pp from 2016

Benchmarks

See 1,704 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,704 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$42.49M

Not enough data

1 years with asset history on file

Average account balance

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

$264K

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.

161

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.

88.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.22M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+14.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$588

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 10 of 17 by compensation

Provider	Service type	Compensation
RBC WEALTH MANAGEMENT2 years Filed as: RBC WEALTH MGMT A DIV OF RBC CAP Service code 27 · EIN 41-1416330 101 BARCLAY STREET · NEW YORK, NY 10286	Advisory (Plan)	$39,582
FIDELITY INVESTMENTS INSTITUTIONAL2 years Service code 37 · EIN 04-2647786 82 DEVONSHIRE STREET · BOSTON, MA 02109	Loan Processing	$700
ABERDEEN ASSET MANAGEMENT, INC.1 year Filed as: ABERDEEN Service code 60 P O BOX 02266 · BOSTON, MA 02266	Sub-TA Fees	$0
ALGER1 year Filed as: ALGER FUNDS Service code 60 1 LINCOLN STREET · BOSTON, MA 02111	Sub-TA Fees	$0
AB FUNDS1 year Filed as: ALLIANCE BERNSTEIN Service code 60	Sub-TA Fees	$0
BLACKROCK1 year Service code 60 P O BOX 9793 · PROVIDENCE, RI 02940	Sub-TA Fees	$0
COLUMBIA1 year Filed as: COLUMBIA MGT Service code 60 P O BOX 8081 · BOSTON, MA 022668081	Sub-TA Fees	$0
FIDELITY INVESTMENTS INSTITUTIONAL2 years Filed as: FIDELITY INVESTMENT INSTITUTIONAL Service code 60	Sub-TA Fees	$0
FIRST EAGLE1 year Service code 60 1345 AVE OF AMERICAS · NEW YORK, NY 10105	Sub-TA Fees	$0
THE HARTFORD1 year Filed as: HARTFORD MUTUAL FUNDS Service code 60 ONE HARTFORD PLAZA · HARTFORD, CT 06155	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.

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

$40K

$395 / participant

Contract admin$40K100.0%

% of EOY assets

0.178%

all-in expense ratio

Categories reported

1 / 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

$171,514

$50,637+238.7%

$86,582+98.1%

$62,293+175.3%

Participation rate

100.0%

67.9%+32.1pp

73.5%+26.5pp

69.5%+30.5pp

Annual return

18.85%

20.80%-1.9pp

965.08%-946.2pp

28.90%-10.0pp

Employer contribution / active EE

$14,208

$2,075+584.6%

$2,839+400.4%

$2,042+595.7%

Participant deferral / active EE

$8,664

$2,611+231.8%

$3,609+140.1%

$3,169+173.4%

Admin fee / account holder

$305

$413-26.2%

$4,904-93.8%

$479-36.3%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT2 years

Filed as: RBC WEALTH MGMT A DIV OF RBC CAP

Service code 27 · EIN 41-1416330

101 BARCLAY STREET · NEW YORK, NY 10286

Advisory (Plan)

$39,582

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Service code 37 · EIN 04-2647786

82 DEVONSHIRE STREET · BOSTON, MA 02109

Loan Processing

$700

ABERDEEN ASSET MANAGEMENT, INC.1 year

Filed as: ABERDEEN

Service code 60

P O BOX 02266 · BOSTON, MA 02266

Sub-TA Fees

ALGER1 year

Filed as: ALGER FUNDS

Service code 60

1 LINCOLN STREET · BOSTON, MA 02111

Sub-TA Fees

AB FUNDS1 year

Filed as: ALLIANCE BERNSTEIN

Service code 60

Sub-TA Fees

BLACKROCK1 year

Service code 60

P O BOX 9793 · PROVIDENCE, RI 02940

Sub-TA Fees

COLUMBIA1 year

Filed as: COLUMBIA MGT

Service code 60

P O BOX 8081 · BOSTON, MA 022668081

Sub-TA Fees

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Filed as: FIDELITY INVESTMENT INSTITUTIONAL

Service code 60

Sub-TA Fees

FIRST EAGLE1 year

Service code 60

1345 AVE OF AMERICAS · NEW YORK, NY 10105

Sub-TA Fees

THE HARTFORD1 year

Filed as: HARTFORD MUTUAL FUNDS

Service code 60

ONE HARTFORD PLAZA · HARTFORD, CT 06155

Sub-TA Fees

PACKAGING MACHINERY MANUFACTURERS INSTITUTE 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PACKAGING MACHINERY MANUFACTURERS INSTITUTE 401(K) AND 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