Retirement plan

PROFIT SHARING 401K PLAN FOR EMPLOYEES OF CONTINENTAL WEB PRESS, INC.

Name: CONTINENTAL WEB PRESS, INC. - PROFIT SHARING 401K PLAN FOR EMPLOYEES OF CONTINENTAL WEB PRESS, INC. (2017) Form 5500
Creator: CONTINENTAL WEB PRESS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROFIT SHARING 401K PLAN FOR EMPLOYEES OF CONTINENTAL WEB PRESS, INC., CONTINENTAL WEB PRESS, INC.

CONTINENTAL WEB PRESS, INC.EIN 36-2756889Plan #001PY 2017

1430 INDUSTRIAL DRIVE - ITASCA, IL 601431848630-773-1903continentalweb.comLinkedIn201-500 employeesprinting

Prospect flagsLow returnsHigh feesLow participation

How to read this page

Total assets (EOY)

$12.7M

-11.1% from 2016

Total participants

170

-23.4% from 2016

Average account balance

$109,347

+21.9% from 2016

Annual return

11.17%

+5.10 pp from 2016

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.07M

Not enough data

1 years with asset history on file

Average account balance

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

$155K

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.

55.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$362K

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

+12.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12872

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
SAGEVIEW ADVISORY GROUP, LLC1 year Filed as: SAGEVIEW ADVISORY GROUP Service code 28 · EIN 33-0818667	Investment Management	$16,357
CHARLES SCHWAB & CO., INC.1 year Filed as: SCHWAB RETIREMENT PLAN SERVICES, IN Service code 15 · EIN 34-1479833	Recordkeeping	$7,295
ERIC J. FERNANDEZ & CO.2 years Service code 10 · EIN 36-3141842	Accounting	$6,885
HPM PARTNERS1 year Filed as: HPM PARTNERS LLC Service code 28 · EIN 27-1180831	Investment Management	$6,880
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB & CO AND AFFILIATES Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB & CO. INC. Service code 59 · EIN 94-1737782	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$37K

$297 / participant

Investment mgmt$23K62.1%
Other / not subdivided$14K37.9%

% of EOY assets

0.295%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: ERIC J. FERNANDEZ & CO.
Auditor EIN: 363141842
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$109,347

$63,314+72.7%

$91,004+20.2%

$62,293+75.5%

Participation rate

57.1%

73.3%-16.2pp

75.6%-18.5pp

69.5%-12.4pp

Annual return

11.17%

21.00%-9.8pp

4.60%+6.6pp

28.90%-17.7pp

Employer contribution / active EE

$1,807-100.0%

$2,456-100.0%

$2,042-100.0%

Participant deferral / active EE

$2,762

$2,944-6.2%

$3,548-22.1%

$3,169-12.8%

Admin fee / account holder

$323

$468-31.0%

$5,417-94.0%

$479-32.7%

Provider

Service type

Compensation

SAGEVIEW ADVISORY GROUP, LLC1 year

Filed as: SAGEVIEW ADVISORY GROUP

Service code 28 · EIN 33-0818667

Investment Management

$16,357

CHARLES SCHWAB & CO., INC.1 year

Filed as: SCHWAB RETIREMENT PLAN SERVICES, IN

Service code 15 · EIN 34-1479833

Recordkeeping

$7,295

ERIC J. FERNANDEZ & CO.2 years

Service code 10 · EIN 36-3141842

Accounting

$6,885

HPM PARTNERS1 year

Filed as: HPM PARTNERS LLC

Service code 28 · EIN 27-1180831

Investment Management

$6,880

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB & CO AND AFFILIATES

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB & CO. INC.

Service code 59 · EIN 94-1737782

Shareholder Servicing

PROFIT SHARING 401K PLAN FOR EMPLOYEES OF CONTINENTAL WEB PRESS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROFIT SHARING 401K PLAN FOR EMPLOYEES OF CONTINENTAL WEB PRESS, INC.

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