Retirement plan

QUANTUM COLOR GRAPHICS, L.L.C. 401(K) PROFIT SHARING PLAN

Name: QUANTUM COLOR GRAPHICS, L.L.C. - QUANTUM COLOR GRAPHICS, L.L.C. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: QUANTUM COLOR GRAPHICS, L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, QUANTUM COLOR GRAPHICS, L.L.C. 401(K) PROFIT SHARING PLAN, QUANTUM COLOR GRAPHICS, L.L.C.

QUANTUM COLOR GRAPHICS, L.L.C.EIN 36-4015016Plan #001PY 2022

6511 OAKTON STREET - MORTON GROVE, IL 60053847-967-3600

Prospect flagsLow employer contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$10.7M

-20.5% from 2021

Total participants

345

-5.7% from 2021

Average account balance

$31,940

-17.9% from 2021

Annual return

-15.33%

-29.16 pp from 2021

Benchmarks

See 1,872 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,872 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.90M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

286

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.

98.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$916K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$233

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.7 years Service code 13 · EIN 27-2037969	Contract Administrator	$62,632
NEWPORT GROUP, INC.2 years Filed as: NEWPORT Service code 27 300 PRIMERA BOULEVARD · LAKE MARY, FL 32746	Advisory (Plan)	$11,572
NEWPORT GROUP, INC.7 years Filed as: NEWPORT TRUST COMPANY Service code 15 45 SOUTH 7TH STREET · MINNEAPOLIS, MN 554021614	Recordkeeping	$7,573

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3F

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$82K

$377 / participant

Investment mgmt$12K14.2%
Contract admin$63K76.6%
Other / not subdivided$8K9.3%

% of EOY assets

0.764%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MILLER COOPER
Auditor EIN: 362897372
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,940

$72,620-56.0%

$90,756-64.8%

$66,930-52.3%

Participation rate

95.4%

73.7%+21.7pp

75.7%+19.7pp

69.8%+25.6pp

Annual return

-15.33%

-12.28%-3.1pp

-12.16%-3.2pp

1.57%-16.9pp

Employer contribution / active EE

$461

$2,369-80.5%

$2,922-84.2%

$2,545-81.9%

Participant deferral / active EE

$3,803

$3,979-4.4%

$4,565-16.7%

$4,238-10.3%

Admin fee / account holder

$244

$707-65.5%

$8,445-97.1%

$593-58.9%

Provider

Service type

Compensation

NEWPORT GROUP, INC.7 years

Service code 13 · EIN 27-2037969

Contract Administrator

$62,632

NEWPORT GROUP, INC.2 years

Filed as: NEWPORT

Service code 27

300 PRIMERA BOULEVARD · LAKE MARY, FL 32746

Advisory (Plan)

$11,572

NEWPORT GROUP, INC.7 years

Filed as: NEWPORT TRUST COMPANY

Service code 15

45 SOUTH 7TH STREET · MINNEAPOLIS, MN 554021614

Recordkeeping

$7,573

QUANTUM COLOR GRAPHICS, L.L.C. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

QUANTUM COLOR GRAPHICS, L.L.C. 401(K) PROFIT SHARING 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