Retirement plan

PREGIS LLC RETIREMENT AND SAVINGS PLAN

Name: PREGIS LLC - PREGIS LLC RETIREMENT AND SAVINGS PLAN (2023) 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 2023

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

Other plans on this EIN

1 filing

#003Retirement--

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$162.3M

+23.3% from 2022

Total participants

3,216

+0.6% from 2022

Average account balance

$54,874

+16.2% from 2022

Annual return

20.66%

+35.59 pp from 2022

Benchmarks

See 146 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants1,000-4,999

Cohort146 peers

Snapshot2023

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 SERVICES4 years Filed as: CBIZ INVESTMENT ADVISORY SERVICES Service code 28 · EIN 81-3968784	Investment Management	$167,465
FIDELITY INVESTMENTS INSTITUTIONAL9+ years Service code 37 · EIN 04-2647786	Loan Processing	$52,254
STRATEGIC ADVISORS, INC.9+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$47,988
LEGACY PROFESSIONALS LLP2 years Filed as: LEGACY Service code 10 · EIN 32-0043599	Accounting	$23,904
BENESCH FRIEDLANDER COPLAN & ARONO8 years Filed as: BENESCH Service code 29 · EIN 34-6596918	Legal	$9,853

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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$301K

$119 / participant

Recordkeeping$52K17.3%
Investment mgmt$215K71.5%
Legal$10K3.3%
Other / not subdivided$24K7.9%

% of EOY assets

0.186%

all-in expense ratio

Categories reported

3 / 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: $23,904
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,874

$136,853-59.9%

$130,231-57.9%

$80,157-31.5%

Participation rate

89.8%

81.6%+8.2pp

76.3%+13.5pp

72.9%+16.9pp

Annual return

20.66%

22.66%-2.0pp

38.86%-18.2pp

40.39%-19.7pp

Employer contribution / active EE

$2,039

$3,395-39.9%

$4,126-50.6%

$2,977-31.5%

Participant deferral / active EE

$5,051

$5,856-13.7%

$6,799-25.7%

$5,015+0.7%

Admin fee / account holder

$102

$184-44.6%

$6,020-98.3%

$145-29.7%

Provider

Service type

Compensation

CBIZ RETIREMENT PLAN SERVICES4 years

Filed as: CBIZ INVESTMENT ADVISORY SERVICES

Service code 28 · EIN 81-3968784

Investment Management

$167,465

FIDELITY INVESTMENTS INSTITUTIONAL9+ years

Service code 37 · EIN 04-2647786

Loan Processing

$52,254

STRATEGIC ADVISORS, INC.9+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$47,988

LEGACY PROFESSIONALS LLP2 years

Filed as: LEGACY

Service code 10 · EIN 32-0043599

Accounting

$23,904

BENESCH FRIEDLANDER COPLAN & ARONO8 years

Filed as: BENESCH

Service code 29 · EIN 34-6596918

Legal

$9,853

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