Retirement plan

THE APEX PAPER BOX COMPANY PROFIT-SHARING & SAVINGS PLAN

Name: THE APEX PAPER BOX COMPANY - THE APEX PAPER BOX COMPANY PROFIT-SHARING & SAVINGS PLAN (2024) Form 5500
Creator: THE APEX PAPER BOX COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE APEX PAPER BOX COMPANY PROFIT-SHARING & SAVINGS PLAN, THE APEX PAPER BOX COMPANY

THE APEX PAPER BOX COMPANYEIN 34-0070280Plan #333PY 2024

5601 WALWORTH AVE - CLEVELAND, OH 441024432216-631-4000

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$11.6M

+52.6% from 2023

Total participants

170

-10.5% from 2023

Average account balance

$67,996

+70.5% from 2023

Annual return

53.00%

+1.44 pp from 2023

Benchmarks

See 1,848 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,848 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.56M

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

170

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$166K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$975

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

+53.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$73

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
D'AMORE TATMAN GROUP LLC10+ years Service code 10 · EIN 34-1904516 3659 GREEN RD · BEACHWOOD, OH 44122	Accounting	$11,500
COHEN & COMPANY1 year Service code 10 · EIN 34-1912961 1350 EUCLID AVENUE · CLEVELAND, OH 44115	Accounting	$550

Plan features & details

Pension benefit codes2E2J2K3D

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.
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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$12K

$73 / participant

Recordkeeping$5504.5%
Other / not subdivided$12K95.5%

% of EOY assets

0.107%

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: D'AMORE TATMAN GROUP LLC
Auditor EIN: 341904516
Audit fees: $11,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$67,996

$78,562-13.4%

$105,608-35.6%

$74,429-8.6%

Participation rate

100.0%

72.8%+27.2pp

75.3%+24.7pp

67.2%+32.8pp

Annual return

53.00%

15.94%+37.1pp

116.50%-63.5pp

1368.38%-1315.4pp

Employer contribution / active EE

$2,521-100.0%

$3,167-100.0%

$2,625-100.0%

Participant deferral / active EE

$975

$4,321-77.4%

$5,010-80.5%

$4,348-77.6%

Admin fee / account holder

$73

$2,217-96.7%

$11,028-99.3%

$1,944-96.3%

Provider

Service type

Compensation

D'AMORE TATMAN GROUP LLC10+ years

Service code 10 · EIN 34-1904516

3659 GREEN RD · BEACHWOOD, OH 44122

Accounting

$11,500

COHEN & COMPANY1 year

Service code 10 · EIN 34-1912961

1350 EUCLID AVENUE · CLEVELAND, OH 44115

Accounting

$550

THE APEX PAPER BOX COMPANY PROFIT-SHARING & SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE APEX PAPER BOX COMPANY PROFIT-SHARING & 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