Retirement plan

APAC PAPER & PACKAGING CORPORATION SALARY SAVINGS & 401(K) PLAN

Name: APAC PAPER & PACKAGING CORPORATION - APAC PAPER & PACKAGING CORPORATION SALARY SAVINGS & 401(K) PLAN (2018) Form 5500
Creator: APAC PAPER & PACKAGING CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, APAC PAPER & PACKAGING CORPORATION SALARY SAVINGS & 401(K) PLAN, APAC PAPER & PACKAGING CORPORATION

APAC PAPER & PACKAGING CORPORATIONEIN 38-2337027Plan #002PY 2018

4000 ENTERPRISE DRIVE, PO BOX 640 - ALLEN PARK, MI 481010640313-982-6411

Other plans on this EIN

1 filing

#001Retirement-$2.9M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.9M

+12.0% from 2017

Total participants

-2.1% from 2017

Average account balance

$108,089

+14.5% from 2017

Annual return

9.31%

-2.25 pp from 2017

Benchmarks

See 9,277 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,277 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.21M

Not enough data

1 years with asset history on file

Average account balance

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

$183K

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.

91.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$306K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+4.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11865

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

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E3D2G2J2F2T

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$95K

$2168 / participant

Other / not subdivided$95K100.0%

% of EOY assets

1.961%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$108,089

$72,404+49.3%

$110,243-2.0%

$64,173+68.4%

Participation rate

97.7%

73.3%+24.4pp

79.8%+17.9pp

69.6%+28.2pp

Annual return

9.31%

-6.29%+15.6pp

314.76%-305.4pp

7.63%+1.7pp

Employer contribution / active EE

$2,282-100.0%

$3,827-100.0%

$2,381-100.0%

Participant deferral / active EE

$4,816

$3,469+38.8%

$4,672+3.1%

$3,470+38.8%

Admin fee / account holder

$2,120

$5,664-62.6%

$8,548-75.2%

$4,887-56.6%

APAC PAPER & PACKAGING CORPORATION SALARY SAVINGS & 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

APAC PAPER & PACKAGING CORPORATION SALARY SAVINGS & 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