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 (2020) 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 2020

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

Other plans on this EIN

1 filing

#001Retirement-$18.3M assets

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$3M

+18.0% from 2019

Total participants

185

-0.5% from 2019

Average account balance

$16,397

+18.7% from 2019

Annual return

8.86%

-1.60 pp from 2019

Benchmarks

See 1,894 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,894 peers

Snapshot2020

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

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 codes2E2F2G2J2T3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$4K

$27 / participant

Contract admin$4K100.0%

% of EOY assets

0.123%

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: RAICH ENDE MALTER & CO.
Auditor EIN: 112336434
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,397

$70,917-76.9%

$98,920-83.4%

$73,497-77.7%

Participation rate

100.0%

73.8%+26.2pp

76.0%+24.0pp

70.7%+29.3pp

Annual return

8.86%

34.18%-25.3pp

196.47%-187.6pp

28.51%-19.7pp

Employer contribution / active EE

$1,049

$2,037-48.5%

$2,689-61.0%

$2,270-53.8%

Participant deferral / active EE

$2,116

$3,501-39.6%

$4,245-50.2%

$3,740-43.4%

Admin fee / account holder

$20

$535-96.2%

$6,643-99.7%

$513-96.1%

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