Retirement plan

QUINCY RECYCLE PAPER INC. EMPLOYEES SAVINGS TRUST

Name: QUINCY RECYCLE PAPER INC. - QUINCY RECYCLE PAPER INC. EMPLOYEES SAVINGS TRUST (2018) Form 5500
Creator: QUINCY RECYCLE PAPER INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, QUINCY RECYCLE PAPER INC. EMPLOYEES SAVINGS TRUST, QUINCY RECYCLE PAPER INC.

QUINCY RECYCLE PAPER INC.EIN 37-0978400Plan #001PY 2018

526 SOUTH 6TH STREET - QUINCY, IL 62301217-224-2754quincyrecycle.comLinkedIn201-500 employeesrenewables & environment

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.2M

+5.1% from 2017

Total participants

181

+31.2% from 2017

Average account balance

$29,001

-21.6% from 2017

Annual return

-4.22%

-23.67 pp from 2017

Benchmarks

See 1,003 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,003 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.71M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

326

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.

99.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.58M

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

+14.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$289

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
ADP BROKER-DEALER1 year Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$7,430
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO Service code 15 · EIN 34-1542819	Recordkeeping	$6,976
CPI QUALIFIED PLAN CONSULTANTS, INC2 years Service code 12 · EIN 48-1205033	Sub-transfer agency fees; Float reven...	$4,522

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

1 tripped

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

$19K

$140 / participant

Other / not subdivided$19K100.0%

% of EOY assets

0.361%

all-in expense ratio

Categories reported

0 / 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: MAYER HOFFMAN MCCANN P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,001

$33,067-12.3%

$76,518-62.1%

$56,287-48.5%

Participation rate

100.0%

55.4%+44.6pp

68.0%+32.0pp

69.9%+30.1pp

Annual return

-4.22%

2.72%-6.9pp

-0.27%-4.0pp

-9.96%+5.7pp

Employer contribution / active EE

$3,688

$1,200+207.3%

$2,647+39.3%

$2,111+74.7%

Participant deferral / active EE

$3,472

$2,240+55.0%

$3,836-9.5%

$3,350+3.7%

Admin fee / account holder

$105

$537-80.5%

$4,849-97.8%

$521-79.9%

Provider

Service type

Compensation

ADP BROKER-DEALER1 year

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$7,430

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO

Service code 15 · EIN 34-1542819

Recordkeeping

$6,976

CPI QUALIFIED PLAN CONSULTANTS, INC2 years

Service code 12 · EIN 48-1205033

Sub-transfer agency fees; Float reven...

$4,522

QUINCY RECYCLE PAPER INC. EMPLOYEES SAVINGS TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

QUINCY RECYCLE PAPER INC. EMPLOYEES SAVINGS 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