Retirement plan

PRINTPACK INC SAVINGS & PROFIT SHARING PLAN

Name: PRINTPACK INC. - PRINTPACK INC SAVINGS & PROFIT SHARING PLAN (2020) Form 5500
Creator: PRINTPACK INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRINTPACK INC SAVINGS & PROFIT SHARING PLAN, PRINTPACK INC.

PRINTPACK INC.EIN 58-0673779Plan #001PY 2020

2800 OVERLOOK PARKWAY - ATLANTA, GA 30339404-460-7000printpack.comLinkedIn1001-5000 employeespackaging and containers

Other plans on this EIN

1 filing

#003Retirement-$1.3M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed May 24, 2001

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$453M

-0.4% from 2016

Total participants

3,433

+0.7% from 2016

Average account balance

$131,946

-1.1% from 2016

Annual return

13.38%

-5.65 pp from 2016

Benchmarks

See 388 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort388 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$460.60M

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.

3,189

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.

97.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$25.66M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$208

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
PRUDENTIAL RETIREMENT INSURANCE AND6+ years Service code 13 · EIN 06-1050034	Contract Administrator	$354,475
CALLAN ASSOCIATES1 year Filed as: CALLAN ASSOCIATES INC Service code 10 · EIN 94-2192581	Accounting	$247,668
WINDHAM BRANNON4 years Service code 10 · EIN 58-1763439	Accounting	$28,508
PRUDENTIAL RETIREMENT INSURANCE AND1 year Filed as: PRUDENTIAL INSURANCE COMPANY OF AME Service code 15	Recordkeeping	$0

Plan features & details

Pension benefit codes2G2J2T3D2E3H2F2S

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.
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

$637K

$236 / participant

Other / not subdivided$637K100.0%

% of EOY assets

0.141%

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: WINDHAM BRANNON LLC
Auditor EIN: 581763439
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$131,946

$105,190+25.4%

$98,920+33.4%

$90,274+46.2%

Participation rate

100.0%

86.4%+13.6pp

76.0%+24.0pp

73.4%+26.6pp

Annual return

13.38%

18.52%-5.1pp

196.47%-183.1pp

53.97%-40.6pp

Employer contribution / active EE

$2,906

$3,831-24.1%

$2,689+8.1%

$2,523+15.2%

Participant deferral / active EE

$6,303

$5,616+12.2%

$4,245+48.5%

$4,231+49.0%

Admin fee / account holder

$186

$97+90.7%

$6,643-97.2%

$114+62.8%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND6+ years

Service code 13 · EIN 06-1050034

Contract Administrator

$354,475

CALLAN ASSOCIATES1 year

Filed as: CALLAN ASSOCIATES INC

Service code 10 · EIN 94-2192581

Accounting

$247,668

WINDHAM BRANNON4 years

Service code 10 · EIN 58-1763439

Accounting

$28,508

PRUDENTIAL RETIREMENT INSURANCE AND1 year

Filed as: PRUDENTIAL INSURANCE COMPANY OF AME

Service code 15

Recordkeeping

PRINTPACK INC SAVINGS & PROFIT SHARING PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRINTPACK INC SAVINGS & PROFIT SHARING PLAN

Top hat statement on fileNQDC

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