Retirement plan

MONDI RETIREMENT SAVINGS PLAN USA

Name: MONDI U.S. HOLDINGS LLC - MONDI RETIREMENT SAVINGS PLAN USA (2024) Form 5500
Creator: MONDI U.S. HOLDINGS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MONDI RETIREMENT SAVINGS PLAN USA, MONDI U.S. HOLDINGS LLC

MONDI U.S. HOLDINGS LLCEIN 20-3849624Plan #001PY 2024

1198 ARBOR DRIVE - ROMEOVILLE, IL 60446630-914-3374

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$133.9M

+12.6% from 2023

Total participants

1,632

+3.7% from 2023

Average account balance

$86,218

+10.4% from 2023

Annual return

14.24%

-3.08 pp from 2023

Benchmarks

See 422 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort422 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$133.90M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

1,553

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.

93.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.91M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$108

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 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL7+ years Service code 37 · EIN 04-2647786	Loan Processing	$133,484
SHEPHERD KAPLAN LLC5 years Filed as: SHEPHERD KAPLAN KROCHUK LLC Service code 27 · EIN 83-0368447	Advisory (Plan)	$28,973
FORD & HARRISON LLP5 years Service code 29 · EIN 58-1314995	Legal	$5,144

Plan features & details

Pension benefit codes2J2K2T3H2E3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$168K

$144 / participant

Recordkeeping$133K79.5%
Investment mgmt$29K17.3%
Legal$5K3.1%
Contract admin$3000.2%

% of EOY assets

0.125%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GREERWALKER LLP
Auditor EIN: 561434747
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$86,218

$112,583-23.4%

$105,591-18.3%

$199,874-56.9%

Participation rate

93.2%

86.3%+7.0pp

75.3%+17.9pp

72.0%+21.2pp

Annual return

14.24%

15.58%-1.3pp

116.43%-102.2pp

34.28%-20.0pp

Employer contribution / active EE

$3,121

$4,580-31.9%

$3,166-1.4%

$3,036+2.8%

Participant deferral / active EE

$4,518

$6,655-32.1%

$5,008-9.8%

$5,090-11.2%

Admin fee / account holder

$108

$107+0.9%

$11,024-99.0%

$269-59.9%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL7+ years

Service code 37 · EIN 04-2647786

Loan Processing

$133,484

SHEPHERD KAPLAN LLC5 years

Filed as: SHEPHERD KAPLAN KROCHUK LLC

Service code 27 · EIN 83-0368447

Advisory (Plan)

$28,973

FORD & HARRISON LLP5 years

Service code 29 · EIN 58-1314995

Legal

$5,144

MONDI RETIREMENT SAVINGS PLAN USA

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MONDI RETIREMENT SAVINGS PLAN USA

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