Retirement plan

QUINCY RECYCLE PAPER INC. EMPLOYEES SAVINGS TRUST

Name: QUINCY RECYCLE PAPER INC. - QUINCY RECYCLE PAPER INC. EMPLOYEES SAVINGS TRUST (2020) 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 2020

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$9.5M

+28.5% from 2019

Total participants

188

+9.3% from 2019

Average account balance

$50,742

+17.5% from 2019

Annual return

21.04%

-3.50 pp from 2019

Benchmarks

See 1,065 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,065 peers

Snapshot2020

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 2 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$26,042
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO Service code 15 · EIN 34-1542819	Recordkeeping	$18,430

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$44K

$295 / participant

Other / not subdivided$44K100.0%

% of EOY assets

0.466%

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

$50,742

$43,133+17.6%

$89,414-43.3%

$73,493-31.0%

Participation rate

100.0%

55.0%+45.0pp

68.0%+32.0pp

70.7%+29.3pp

Annual return

21.04%

135.66%-114.6pp

245.50%-224.5pp

28.51%-7.5pp

Employer contribution / active EE

$4,497

$1,438+212.7%

$2,586+73.9%

$2,270+98.1%

Participant deferral / active EE

$4,208

$2,445+72.1%

$3,890+8.2%

$3,740+12.5%

Admin fee / account holder

$237

$444-46.7%

$4,883-95.2%

$513-53.9%

Provider

Service type

Compensation

ADP BROKER-DEALER1 year

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$26,042

WELLS FARGO BANK, N.A.3 years

Filed as: WELLS FARGO

Service code 15 · EIN 34-1542819

Recordkeeping

$18,430

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