Retirement plan

JAMESTOWN CONTAINER CORPORATION DEFERRED SAVINGS PLAN

Name: JAMESTOWN CONTAINER CORPORATION - JAMESTOWN CONTAINER CORPORATION DEFERRED SAVINGS PLAN (2023) Form 5500
Creator: JAMESTOWN CONTAINER CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JAMESTOWN CONTAINER CORPORATION DEFERRED SAVINGS PLAN, JAMESTOWN CONTAINER CORPORATION

JAMESTOWN CONTAINER CORPORATIONEIN 16-0800754Plan #005PY 2023

14 DEMING DRIVE, P.O. BOX 49 - FALCONER, NY 147330049716-665-4623

Prospect flagsLow participationLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$30.1M

+12.7% from 2022

Total participants

596

+6.6% from 2022

Average account balance

$67,080

+7.4% from 2022

Annual return

19.73%

+37.97 pp from 2022

Benchmarks

See 1,153 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,153 peers

Snapshot2023

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 2 by compensation

Provider	Service type	Compensation
NORTHEAST BENEFIT SERVICES, INC.4 years Service code 13 · EIN 16-1191551 950-A UNION ROAD · WEST SENECA, NY 14224	Contract Administrator	$19,180
AMERICAN FUNDS5 years Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$6,750

Plan features & details

Pension benefit codes2E2F2G2J2K2T3H

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$17K

$36 / participant

Other trustee fees$17K100.0%

% of EOY assets

0.057%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MCGILL POWER BELL & ASSOCIATES
Auditor EIN: 251031405
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$67,080

$84,784-20.9%

$98,462-31.9%

$74,473-9.9%

Participation rate

69.4%

81.5%-12.1pp

75.2%-5.7pp

70.7%-1.3pp

Annual return

19.73%

20.59%-0.9pp

21.17%-1.4pp

34.36%-14.6pp

Employer contribution / active EE

$476

$3,364-85.9%

$3,049-84.4%

$2,638-82.0%

Participant deferral / active EE

$2,649

$5,218-49.2%

$4,738-44.1%

$4,530-41.5%

Admin fee / account holder

$38

$204-81.2%

$8,875-99.6%

$347-88.9%

Provider

Service type

Compensation

NORTHEAST BENEFIT SERVICES, INC.4 years

Service code 13 · EIN 16-1191551

950-A UNION ROAD · WEST SENECA, NY 14224

Contract Administrator

$19,180

AMERICAN FUNDS5 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$6,750

JAMESTOWN CONTAINER CORPORATION DEFERRED SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JAMESTOWN CONTAINER CORPORATION 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