Retirement plan

JAMESTOWN CONTAINER CORP. DEFERRED SAVINGS PLAN

Name: JAMESTOWN CONTAINER CORP - JAMESTOWN CONTAINER CORP. DEFERRED SAVINGS PLAN (2016) Form 5500
Creator: JAMESTOWN CONTAINER CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JAMESTOWN CONTAINER CORP. DEFERRED SAVINGS PLAN, JAMESTOWN CONTAINER CORP

JAMESTOWN CONTAINER CORPEIN 16-0800754Plan #005PY 2016

14 DEMMING DRIVE - FALCONER, NY 147330049716-665-4623

Other plans on this EIN

1 filing

#001Retirement-$13.3M assets

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$17.6M

+10.1% from 2015

Total participants

491

+18.6% from 2015

Average account balance

$42,929

-3.6% from 2015

Annual return

9.63%

+2.50 pp from 2015

Benchmarks

See 1,139 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,139 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.19M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

411

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.

60.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.55M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+17.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$42

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
JANNEY MONTGOMERY SCOTT LLC1 year Service code 55 CTR POINTE CORP PARK · AMHERST, NY 14224	Other Commissions	$14,730
MCGILL POWER BELL & ASSOC LLP1 year Filed as: MCGILL POWER BELL & ASSOCIATES LLP Service code 10 623 STATE STREET · MEADVILLE, PA 16335	Accounting	$6,500
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH AND MANAGEMENT COM Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$5,762
LIFETIME BENEFIT SOLUTIONS1 year Filed as: LIFETIME BENEFIT SOLUTIONS INC Service code 13 70 METRO PARK · ROCHESTER, NY 14623	Contract Administrator	$3,950

Plan features & details

Pension benefit codes2E2F2G2J2K3D3F

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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant 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

$20K

$55 / participant

Contract admin$7K33.7%
Other / not subdivided$13K66.3%

% of EOY assets

0.115%

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: MCGILL, POWER, BELL & ASSOCIATES, L
Auditor EIN: 251031405
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,929

$74,024-42.0%

$78,002-45.0%

$57,658-25.5%

Participation rate

78.2%

79.7%-1.5pp

75.5%+2.7pp

70.2%+8.0pp

Annual return

9.63%

12.14%-2.5pp

425.99%-416.4pp

5.13%+4.5pp

Employer contribution / active EE

$463

$2,365-80.4%

$2,470-81.2%

$1,974-76.5%

Participant deferral / active EE

$2,567

$3,533-27.3%

$3,497-26.6%

$3,061-16.1%

Admin fee / account holder

$49

$93-47.2%

$5,481-99.1%

$95-48.0%

Provider

Service type

Compensation

JANNEY MONTGOMERY SCOTT LLC1 year

Service code 55

CTR POINTE CORP PARK · AMHERST, NY 14224

Other Commissions

$14,730

MCGILL POWER BELL & ASSOC LLP1 year

Filed as: MCGILL POWER BELL & ASSOCIATES LLP

Service code 10

623 STATE STREET · MEADVILLE, PA 16335

Accounting

$6,500

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH AND MANAGEMENT COM

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$5,762

LIFETIME BENEFIT SOLUTIONS1 year

Filed as: LIFETIME BENEFIT SOLUTIONS INC

Service code 13

70 METRO PARK · ROCHESTER, NY 14623

Contract Administrator

$3,950

JAMESTOWN CONTAINER CORP. DEFERRED SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JAMESTOWN CONTAINER CORP. 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