Retirement plan

PLASTIC INGENUITY, INC. PROFIT SHARING AND SAVINGS PLAN

Name: PLASTIC INGENUITY, INC. - PLASTIC INGENUITY, INC. PROFIT SHARING AND SAVINGS PLAN (2016) Form 5500
Creator: PLASTIC INGENUITY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PLASTIC INGENUITY, INC. PROFIT SHARING AND SAVINGS PLAN, PLASTIC INGENUITY, INC.

PLASTIC INGENUITY, INC.EIN 39-1216424Plan #001PY 2016

1017 PARK STREET - CROSS PLAINS, WI 53528608-798-3071plasticingenuity.comLinkedIn501-1000 employeespackaging and containers

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$77.5M

+9.5% from 2015

Total participants

571

+4.0% from 2015

Average account balance

$141,201

+6.7% from 2015

Annual return

6.93%

+9.99 pp from 2015

Benchmarks

See 1,139 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,139 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$155.92M

Not enough data

1 years with asset history on file

Average account balance

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

$144K

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.

1,081

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.

98.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.88M

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

+12.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$216

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
FRANCIS INVESTMENT COUNCIL2+ years Service code 27 · EIN 90-0142264	Advisory (Plan)	$123,336
NEWPORT GROUP, INC.1 year Service code 12 · EIN 27-2037969	Sub-transfer agency fees; Recordkeepi...	$18,599
VILLAGE OF CROSS PLAINS, WI2+ years Service code 49 · EIN 39-6025361	Other Services	$18,445
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 12 · EIN 27-4411131	Trustee (bank, trust company, or simi...	$14,123

Plan features & details

Pension benefit codes2E2H2J2S2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$146K

$301 / participant

Investment mgmt$123K84.7%
Contract admin$2K1.1%
Other / not subdivided$21K14.2%

% of EOY assets

0.188%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WEGNER LLP
Auditor EIN: 390974031
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$141,201

$74,024+90.8%

$78,002+81.0%

$57,658+144.9%

Participation rate

95.5%

79.7%+15.7pp

75.5%+19.9pp

70.2%+25.2pp

Annual return

6.93%

12.14%-5.2pp

425.99%-419.1pp

5.13%+1.8pp

Employer contribution / active EE

$4,464

$2,365+88.7%

$2,470+80.7%

$1,974+126.2%

Participant deferral / active EE

$3,791

$3,533+7.3%

$3,497+8.4%

$3,061+23.9%

Admin fee / account holder

$265

$93+184.5%

$5,481-95.2%

$95+180.5%

Provider

Service type

Compensation

FRANCIS INVESTMENT COUNCIL2+ years

Service code 27 · EIN 90-0142264

Advisory (Plan)

$123,336

NEWPORT GROUP, INC.1 year

Service code 12 · EIN 27-2037969

Sub-transfer agency fees; Recordkeepi...

$18,599

VILLAGE OF CROSS PLAINS, WI2+ years

Service code 49 · EIN 39-6025361

Other Services

$18,445

NEWPORT GROUP, INC.1 year

Filed as: NEWPORT TRUST COMPANY

Service code 12 · EIN 27-4411131

Trustee (bank, trust company, or simi...

$14,123

PLASTIC INGENUITY, INC. PROFIT SHARING AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PLASTIC INGENUITY, INC. PROFIT SHARING AND SAVINGS 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