Retirement plan

PACKAGING PERSONIFIED, INC. 401(K) PLAN

Name: PACKAGING PERSONIFIED, INC. - PACKAGING PERSONIFIED, INC. 401(K) PLAN (2023) Form 5500
Creator: PACKAGING PERSONIFIED, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PACKAGING PERSONIFIED, INC. 401(K) PLAN, PACKAGING PERSONIFIED, INC.

PACKAGING PERSONIFIED, INC.EIN 36-2966909Plan #001PY 2023

246 KEHOE BLVD. - CAROL STREAM, IL 60188630-653-1655packagingpersonified.comLinkedIn201-500 employeespackaging and containers

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$8.1M

+18.7% from 2022

Total participants

201

+11.0% from 2022

Average account balance

$55,561

+4.1% from 2022

Annual return

16.97%

+31.74 pp from 2022

Benchmarks

See 1,940 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,940 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.49M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

176

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.

77.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$708K

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

+13.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 3 by compensation

Provider	Service type	Compensation
BAIRD FUNDS6 years Filed as: ROBERT W BAIRD & CO INCORPORATED Service code 27 PO BOX 88499 · MILWAUKEE, WI 532888499	Advisory (Plan)	$17,109
CRAY KAISER LTD3 years Service code 10 1901 S MEYERS RD STE 230 · OAKBROOK TERRACE, IL 60181	Accounting	$9,750
AMERICAN FUNDS5 years Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS. Service code 25 · EIN 82-4555287	Directed Trustee	$2,663

Plan features & details

Pension benefit codes2E2F2G2J2K2T3B3D3H

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.
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.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CRAY KAISER LTD
Auditor EIN: 362746886
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,561

$71,523-22.3%

$98,461-43.6%

$71,511-22.3%

Participation rate

68.8%

72.7%-4.0pp

75.2%-6.4pp

67.9%+0.8pp

Annual return

16.97%

32.43%-15.5pp

21.17%-4.2pp

28.86%-11.9pp

Employer contribution / active EE

$738

$2,399-69.2%

$3,049-75.8%

$2,589-71.5%

Participant deferral / active EE

$2,852

$4,109-30.6%

$4,738-39.8%

$4,291-33.5%

Admin fee / account holder

$1,676-100.0%

$8,961-100.0%

$1,588-100.0%

Provider

Service type

Compensation

BAIRD FUNDS6 years

Filed as: ROBERT W BAIRD & CO INCORPORATED

Service code 27

PO BOX 88499 · MILWAUKEE, WI 532888499

Advisory (Plan)

$17,109

CRAY KAISER LTD3 years

Service code 10

1901 S MEYERS RD STE 230 · OAKBROOK TERRACE, IL 60181

Accounting

$9,750

AMERICAN FUNDS5 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SVCS.

Service code 25 · EIN 82-4555287

Directed Trustee

$2,663

PACKAGING PERSONIFIED, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PACKAGING PERSONIFIED, INC. 401(K) 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