Retirement plan

PREGIS LLC RETIREMENT AND SAVINGS PLAN

Name: PREGIS LLC - PREGIS LLC RETIREMENT AND SAVINGS PLAN (2022) Form 5500
Creator: PREGIS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PREGIS LLC RETIREMENT AND SAVINGS PLAN, PREGIS LLC

PREGIS LLCEIN 20-3103585Plan #001PY 2022

2345 WAUKEGAN RD, STE 120 - BANNOCKBURN, IL 60015847-597-2200pregis.comLinkedIn1001-5000 employeespackaging and containers

Other plans on this EIN

1 filing

#003Retirement-$5.4M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$131.6M

-12.0% from 2021

Total participants

3,197

+5.5% from 2021

Average account balance

$47,223

-20.4% from 2021

Annual return

-14.92%

-31.72 pp from 2021

Benchmarks

See 147 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants1,000-4,999

Cohort147 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$185.07M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

3,144

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.

86.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20.88M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$88

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 5 by compensation

Provider	Service type	Compensation
CBIZ RETIREMENT PLAN SERVICES3 years Filed as: CBIZ INVESTMENT ADVISORY SERVICES Service code 28 · EIN 81-3968784	Investment Management	$102,031
STRATEGIC ADVISORS, INC.8+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$44,357
FIDELITY INVESTMENTS INSTITUTIONAL8+ years Service code 37 · EIN 04-2647786	Loan Processing	$42,637
LEGACY PROFESSIONALS LLP1 year Filed as: LEGACY Service code 10 · EIN 32-0043599	Accounting	$22,185
BENESCH FRIEDLANDER COPLAN & ARONO7 years Filed as: BENESCH Service code 29 · EIN 34-6596918	Legal	$19,041

Plan features & details

Pension benefit codes2T3H2E2F2G2J3D

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.
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.
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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$230K

$85 / participant

Investment mgmt$44K19.3%
Other / not subdivided$186K80.7%

% of EOY assets

0.175%

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: LEGACY PROFESSIONALS LLP
Auditor EIN: 320043599
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,223

$140,190-66.3%

$115,756-59.2%

$77,906-39.4%

Participation rate

84.8%

81.0%+3.8pp

77.1%+7.7pp

73.7%+11.1pp

Annual return

-14.92%

-13.46%-1.5pp

143.14%-158.1pp

12.16%-27.1pp

Employer contribution / active EE

$1,839

$3,169-42.0%

$3,793-51.5%

$2,846-35.4%

Participant deferral / active EE

$4,469

$5,401-17.2%

$6,254-28.5%

$4,805-7.0%

Admin fee / account holder

$83

$138-40.3%

$8,124-99.0%

$133-37.7%

Provider

Service type

Compensation

CBIZ RETIREMENT PLAN SERVICES3 years

Filed as: CBIZ INVESTMENT ADVISORY SERVICES

Service code 28 · EIN 81-3968784

Investment Management

$102,031

STRATEGIC ADVISORS, INC.8+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$44,357

FIDELITY INVESTMENTS INSTITUTIONAL8+ years

Service code 37 · EIN 04-2647786

Loan Processing

$42,637

LEGACY PROFESSIONALS LLP1 year

Filed as: LEGACY

Service code 10 · EIN 32-0043599

Accounting

$22,185

BENESCH FRIEDLANDER COPLAN & ARONO7 years

Filed as: BENESCH

Service code 29 · EIN 34-6596918

Legal

$19,041

PREGIS LLC RETIREMENT AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PREGIS LLC RETIREMENT AND 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