Retirement plan

AMERICAN CONTAINERS, INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST

Name: AMERICAN CONTAINERS, INC. - AMERICAN CONTAINERS, INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: AMERICAN CONTAINERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN CONTAINERS, INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST, AMERICAN CONTAINERS, INC.

AMERICAN CONTAINERS, INC.EIN 35-1109975Plan #001PY 2020

2526 WESTERN AVE. - PLYMOUTH, IN 46563574-936-4068acontainers.comLinkedIn51-200 employeespackaging and containers

Other plans on this EIN

1 filing

#003Retirement-$2.1M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$8.6M

-2.3% from 2019

Total participants

+12.1% from 2019

Average account balance

$131,904

-12.8% from 2019

Annual return

6.88%

-7.48 pp from 2019

Benchmarks

See 5,720 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,720 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.18M

Not enough data

1 years with asset history on file

Average account balance

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

$114K

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.

114.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$895K

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

+12.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14281

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 codes2E2F2G2T

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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1.2M

$20375 / participant

Other / not subdivided$1M100.0%

% of EOY assets

14.259%

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

$131,904

$81,208+62.4%

$98,920+33.3%

$79,856+65.2%

Participation rate

100.0%

72.5%+27.5pp

76.0%+24.0pp

69.6%+30.4pp

Annual return

6.88%

60.99%-54.1pp

196.47%-189.6pp

31.71%-24.8pp

Employer contribution / active EE

$6,175

$1,960+215.1%

$2,689+129.6%

$2,471+149.9%

Participant deferral / active EE

$3,265-100.0%

$4,245-100.0%

$3,741-100.0%

Admin fee / account holder

$18,808

$6,013+212.8%

$6,643+183.1%

$5,306+254.4%

AMERICAN CONTAINERS, INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN CONTAINERS, INC. EMPLOYEES' PROFIT SHARING PLAN AND TRUST

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