Retirement plan

BELL CONTAINER CORP. 401(K) PLAN FBO LOCAL 2326 UAW

Name: BELL CONTAINER CORP. - BELL CONTAINER CORP. 401(K) PLAN FBO LOCAL 2326 UAW (2024) Form 5500
Creator: BELL CONTAINER CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BELL CONTAINER CORP. 401(K) PLAN FBO LOCAL 2326 UAW, BELL CONTAINER CORP.

BELL CONTAINER CORP.EIN 22-2354683Plan #003PY 2024

615 FERRY STREET - NEWARK, NJ 07105973-344-4400bellcontainer.comLinkedIn1-10 employeespackaging and containers

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$4.6M

+10.0% from 2023

Total participants

198

-10.8% from 2023

Average account balance

$23,493

+25.9% from 2023

Annual return

9.02%

-2.19 pp from 2023

Benchmarks

See 1,845 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,845 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.56M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

194

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.

97.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$605K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+9.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$40

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
VOYA RETIREMENT INSURANCE & ANNUITY4 years Filed as: VOYA RETIREMENT INS AND ANNUITY CO Service code 49	Other Services	$1,982
VOYA RETIREMENT INSURANCE & ANNUITY3 years Filed as: VOYA RETIREMENT INS & ANNUITY CO Service code 49 · EIN 71-0294708	Other Services	$0

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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$8K

$46 / participant

Contract admin$8K100.0%

% of EOY assets

0.170%

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: EISNERAMPER LLP
Auditor EIN: 871363769
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,493

$78,607-70.1%

$105,624-77.8%

$74,478-68.5%

Participation rate

97.6%

72.8%+24.8pp

75.3%+22.3pp

67.2%+30.4pp

Annual return

9.02%

15.96%-6.9pp

116.20%-107.2pp

1370.56%-1361.5pp

Employer contribution / active EE

$955

$2,523-62.1%

$3,168-69.8%

$2,626-63.6%

Participant deferral / active EE

$2,665

$4,325-38.4%

$5,013-46.8%

$4,350-38.7%

Admin fee / account holder

$40

$2,220-98.2%

$10,961-99.6%

$1,946-97.9%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY4 years

Filed as: VOYA RETIREMENT INS AND ANNUITY CO

Service code 49

Other Services

$1,982

VOYA RETIREMENT INSURANCE & ANNUITY3 years

Filed as: VOYA RETIREMENT INS & ANNUITY CO

Service code 49 · EIN 71-0294708

Other Services

BELL CONTAINER CORP. 401(K) PLAN FBO LOCAL 2326 UAW

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BELL CONTAINER CORP. 401(K) PLAN FBO LOCAL 2326 UAW

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