Retirement plan

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

Name: APAC PAPER & PACKAGING CORP. - APAC PAPER & PACKAGING CORPORATION SALARY SAVINGS & 401(K) PLAN (2024) Form 5500
Creator: APAC PAPER & PACKAGING CORP.
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 CORP.

APAC PAPER & PACKAGING CORP.EIN 38-2337027Plan #002PY 2024

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

Other plans on this EIN

1 filing

#001Retirement-$4.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.1M

+22.7% from 2023

Total participants

-2.1% from 2023

Average account balance

$193,214

+25.6% from 2023

Annual return

19.14%

+25.85 pp from 2023

Benchmarks

See 9,004 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,004 peers

Snapshot2024

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

$70K

$1557 / participant

Other / not subdivided$70K100.0%

% of EOY assets

0.864%

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

$193,214

$101,752+89.9%

$164,928+17.2%

$80,911+138.8%

Participation rate

91.1%

71.8%+19.3pp

78.6%+12.5pp

67.6%+23.5pp

Annual return

19.14%

16.73%+2.4pp

70.08%-50.9pp

35.63%-16.5pp

Employer contribution / active EE

$2,953-100.0%

$4,343-100.0%

$2,756-100.0%

Participant deferral / active EE

$6,715

$4,477+50.0%

$6,034+11.3%

$4,297+56.3%

Admin fee / account holder

$1,669

$8,218-79.7%

$12,684-86.8%

$6,935-75.9%

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