Retirement plan

KEYSTONE FOLDING BOX CO. 401(K) PLAN

Name: KEYSTONE FOLDING BOX CO. - KEYSTONE FOLDING BOX CO. 401(K) PLAN (2022) Form 5500
Creator: KEYSTONE FOLDING BOX CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KEYSTONE FOLDING BOX CO. 401(K) PLAN, KEYSTONE FOLDING BOX CO.

KEYSTONE FOLDING BOX CO.EIN 22-1037050Plan #002PY 2022

367 VERONA AVENUE - NEWARK, NJ 07104973-483-1054keyboxco.comLinkedIn201-500 employeespackaging and containers

Other plans on this EIN

1 filing

#001Retirement-$6.3M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.7M

-17.7% from 2021

Total participants

+6.9% from 2021

Average account balance

$172,639

-26.8% from 2021

Annual return

-16.53%

-32.10 pp from 2021

Benchmarks

See 5,555 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,555 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.16M

Not enough data

1 years with asset history on file

Average account balance

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

$215K

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.

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.

92.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$272K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$44884

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$380K

$14077 / participant

Other / not subdivided$380K100.0%

% of EOY assets

8.154%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$172,639

$73,019+136.4%

$90,766+90.2%

$68,490+152.1%

Participation rate

85.2%

70.8%+14.4pp

75.7%+9.5pp

67.9%+17.3pp

Annual return

-16.53%

-13.81%-2.7pp

-12.16%-4.4pp

-7.85%-8.7pp

Employer contribution / active EE

$2,193-100.0%

$2,922-100.0%

$2,597-100.0%

Participant deferral / active EE

$11,330

$3,626+212.4%

$4,565+148.2%

$4,028+181.3%

Admin fee / account holder

$14,077

$5,897+138.7%

$8,446+66.7%

$5,403+160.5%

KEYSTONE FOLDING BOX CO. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KEYSTONE FOLDING BOX CO. 401(K) 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