Retirement plan

CADILLAC PRODUCTS PACKAGING COMPANY 401(K) PLAN AND TRUST

Name: CADILLAC PRODUCTS PACKAGING COMPANY - CADILLAC PRODUCTS PACKAGING COMPANY 401(K) PLAN AND TRUST (2018) Form 5500
Creator: CADILLAC PRODUCTS PACKAGING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CADILLAC PRODUCTS PACKAGING COMPANY 401(K) PLAN AND TRUST, CADILLAC PRODUCTS PACKAGING COMPANY

CADILLAC PRODUCTS PACKAGING COMPANYEIN 38-3464470Plan #006PY 2018

5800 CROOKS ROAD - TROY, MI 480982830248-879-5000cadprod.comLinkedIn51-200 employeespackaging and containers

Prospect flagsLow returnsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$15.3M

No prior year

Total participants

234

No prior year

Average account balance

$73,305

No prior year

Annual return

-50.10%

No prior year

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.45M

Not enough data

1 years with asset history on file

Average account balance

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

$106K

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.

222

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.

93.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$247

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 4 by compensation

Provider	Service type	Compensation
FIFTH THIRD BANK RETIREMENT SERVICE1+ years Service code 64 38 FOUNTAIN SQUARE PLAZA · CINCINNATI, OH 45263	Recordkeeping Fees	$72,359
MARTIN, ARRINGTON, DESAI & MEYERS,1+ years Filed as: MARTIN ARRINGTON DESAI & MEYERS PC Service code 10 100 E BIG BEAVER RD STE 950 · TROY, MI 48083	Accounting	$15,681
TYCOR BENEFIT ADMINISTRATORS, INC.1+ years Filed as: TYCOR BENEFIT ADMIN INC Service code 99 850 CASSATT RD STE 310 · BERWYN, PA 19312	Other Fees	$4,000
POLARIS CAPITAL MANAGEMENT LLC1+ years Filed as: POLARIS GREYSTONE FINANCIAL GROUP L Service code 99 824 E ST · SAN RAFAEL, CA 94901	Other Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

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.
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

3 tripped

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

$92K

$498 / participant

Contract admin$92K100.0%

% of EOY assets

0.601%

all-in expense ratio

Categories reported

1 / 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: JEFFREY M. MOREFOOT, CPA P.C.
Auditor EIN: 383516602
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$73,305

$58,093+26.2%

$80,022-8.4%

$56,289+30.2%

Participation rate

86.5%

73.6%+12.9pp

75.8%+10.7pp

69.9%+16.6pp

Annual return

-50.10%

34.63%-84.7pp

11.22%-61.3pp

-9.96%-40.1pp

Employer contribution / active EE

$3,372

$1,933+74.5%

$2,468+36.6%

$2,111+59.7%

Participant deferral / active EE

$7,454

$3,136+137.7%

$3,686+102.2%

$3,350+122.5%

Admin fee / account holder

$440

$623-29.3%

$6,521-93.2%

$521-15.5%

Provider

Service type

Compensation

FIFTH THIRD BANK RETIREMENT SERVICE1+ years

Service code 64

38 FOUNTAIN SQUARE PLAZA · CINCINNATI, OH 45263

Recordkeeping Fees

$72,359

MARTIN, ARRINGTON, DESAI & MEYERS,1+ years

Filed as: MARTIN ARRINGTON DESAI & MEYERS PC

Service code 10

100 E BIG BEAVER RD STE 950 · TROY, MI 48083

Accounting

$15,681

TYCOR BENEFIT ADMINISTRATORS, INC.1+ years

Filed as: TYCOR BENEFIT ADMIN INC

Service code 99

850 CASSATT RD STE 310 · BERWYN, PA 19312

Other Fees

$4,000

POLARIS CAPITAL MANAGEMENT LLC1+ years

Filed as: POLARIS GREYSTONE FINANCIAL GROUP L

Service code 99

824 E ST · SAN RAFAEL, CA 94901

Other Fees

CADILLAC PRODUCTS PACKAGING COMPANY 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CADILLAC PRODUCTS PACKAGING COMPANY 401(K) PLAN AND 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