Retirement plan

GOULD PAPER EMPLOYEES' PROFIT SHARING AND RETIREMENT PLAN

Name: GOULD PAPER CORPORATION - GOULD PAPER EMPLOYEES' PROFIT SHARING AND RETIREMENT PLAN (2016) Form 5500
Creator: GOULD PAPER CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GOULD PAPER EMPLOYEES' PROFIT SHARING AND RETIREMENT PLAN, GOULD PAPER CORPORATION

GOULD PAPER CORPORATIONEIN 13-1547307Plan #002PY 2016

99 PARK AVENUE 10TH FLOOR - NEW YORK, NY 10016212-301-8639

Other plans on this EIN

1 filing

#003Retirement-$178K assets

Prospect flagsLow returnsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$30.7M

+1.0% from 2015

Total participants

372

-2.1% from 2015

Average account balance

$104,692

-1.1% from 2015

Annual return

4.23%

+2.66 pp from 2015

Benchmarks

See 1,219 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,219 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$48.13M

Not enough data

1 years with asset history on file

Average account balance

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

$159K

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.

302

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.

83.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.22M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$452

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 4 by compensation

Provider	Service type	Compensation
WILLIAM BLAIR2+ years Filed as: WILLIAM C. HOEFFER, JR., INC. Service code 27 801 NORTH BRAND BLVD. · GLENDALE, CA 91203	Advisory (Plan)	$71,129
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: FIRST GREAT-WEST LIFE & ANNUITY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$13,267
ALTFEST PERSONAL WEALTH MGMT2+ years Service code 71 425 PARK AVE 24TH FLOOR · NEW YORK, NY 10022	Brokerage Fees	$4,486
TD AMERITRADE, INC.2+ years Service code 33 200 S. 108TH AVENUE · OMAHA, NE 68154	Securities brokerage	$550

Plan features & details

Pension benefit codes2E2F2G2J2K2R3H

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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$90K

$299 / participant

Investment mgmt$76K84.9%
Contract admin$13K14.8%
Other / not subdivided$3030.3%

% of EOY assets

0.293%

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: BDO USA
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$104,692

$107,378-2.5%

$108,582-3.6%

$57,658+81.6%

Participation rate

73.7%

77.1%-3.4pp

79.6%-5.9pp

70.2%+3.4pp

Annual return

4.23%

12.80%-8.6pp

-51.70%+55.9pp

5.13%-0.9pp

Employer contribution / active EE

$1,896

$1,782+6.4%

$3,758-49.6%

$1,974-4.0%

Participant deferral / active EE

$4,893

$3,221+51.9%

$4,311+13.5%

$3,061+59.9%

Admin fee / account holder

$306

$108+182.3%

$7,645-96.0%

$95+224.0%

Provider

Service type

Compensation

WILLIAM BLAIR2+ years

Filed as: WILLIAM C. HOEFFER, JR., INC.

Service code 27

801 NORTH BRAND BLVD. · GLENDALE, CA 91203

Advisory (Plan)

$71,129

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: FIRST GREAT-WEST LIFE & ANNUITY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$13,267

ALTFEST PERSONAL WEALTH MGMT2+ years

Service code 71

425 PARK AVE 24TH FLOOR · NEW YORK, NY 10022

Brokerage Fees

$4,486

TD AMERITRADE, INC.2+ years

Service code 33

200 S. 108TH AVENUE · OMAHA, NE 68154

Securities brokerage

$550

GOULD PAPER EMPLOYEES' PROFIT SHARING AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GOULD PAPER EMPLOYEES' PROFIT SHARING AND RETIREMENT 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