Retirement plan

CKS PACKAGING, INC. 401K PLAN

Name: C.K.S. PACKAGING, INC. - CKS PACKAGING, INC. 401K PLAN (2016) Form 5500
Creator: C.K.S. PACKAGING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CKS PACKAGING, INC. 401K PLAN, C.K.S. PACKAGING, INC.

C.K.S. PACKAGING, INC.EIN 58-1645660Plan #001PY 2016

350 GREAT SOUTHWEST PARKWAY - ATLANTA, GA 30336404-691-8900

Prospect flagsLow returnsLow assets / participantLow employer contributionLow participant contributionFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$31.2M

+6.4% from 2015

Total participants

1,823

-0.8% from 2015

Average account balance

$23,576

-10.3% from 2015

Annual return

4.52%

+5.94 pp from 2015

Benchmarks

See 780 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort780 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$84.40M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

3,001

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.

86.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11.56M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$32

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

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Service providers

Top 8 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC1 year Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$58,940
LEGACY PROFESSIONALS LLP1 year Filed as: LEGACY ADVISOR PARTNERS Service code 27 11175 CICERO DRIVE · ALPHARETTA, GA 30022	Advisory (Plan)	$44,518
KESTRA INVESTMENT SERVICES LLC1 year Filed as: KESTRA ADVISORY SERVICES LLC Service code 14 1250 CAPITAL OF TEXAS HIGHWAY S · AUSTIN, TX 78746	Plan Administrator	$40,204
MERCER2+ years Filed as: MERCER HR SERVICES, LLC Service code 15 · EIN 20-1932099	Recordkeeping	$37,631
NFP RETIREMENT INC2+ years Filed as: NFP ADVISORY SERVICES Service code 27 1250 CAPITAL OF TEXAS HWY · AUSTIN, TX 78746	Advisory (Plan)	$14,702
T ROWE PRICE RPS INC1 year Filed as: T ROWE PRICE RETIREMENT PLAN Service code 27	Advisory (Plan)	$13,819
LEGACY PROFESSIONALS LLP1 year Filed as: LEGACY EXECUTIVE BENEFITS Service code 27	Advisory (Plan)	$9,000
PFS INVESTMENTS2+ years Service code 27 1 PRIMERICA PARKWAY · DULUTH, GA 30099	Advisory (Plan)	$6,767

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

6 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$148K

$86 / participant

Investment mgmt$45K30.1%
Contract admin$40K27.2%
Other / not subdivided$63K42.8%

% of EOY assets

0.474%

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: CARR, RIGGS & INGRAM
Auditor EIN: 721396621
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,576

$80,211-70.6%

$74,185-68.2%

$63,975-63.1%

Participation rate

71.0%

84.2%-13.2pp

76.6%-5.6pp

71.1%-0.1pp

Annual return

4.52%

14.13%-9.6pp

17.74%-13.2pp

48.65%-44.1pp

Employer contribution / active EE

$319

$2,553-87.5%

$2,370-86.5%

$2,182-85.4%

Participant deferral / active EE

$1,609

$4,370-63.2%

$3,550-54.7%

$3,356-52.1%

Admin fee / account holder

$112

$67+66.3%

$5,586-98.0%

$70+58.7%

Provider

Service type

Compensation

T ROWE PRICE RPS INC1 year

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$58,940

LEGACY PROFESSIONALS LLP1 year

Filed as: LEGACY ADVISOR PARTNERS

Service code 27

11175 CICERO DRIVE · ALPHARETTA, GA 30022

Advisory (Plan)

$44,518

KESTRA INVESTMENT SERVICES LLC1 year

Filed as: KESTRA ADVISORY SERVICES LLC

Service code 14

1250 CAPITAL OF TEXAS HIGHWAY S · AUSTIN, TX 78746

Plan Administrator

$40,204

MERCER2+ years

Filed as: MERCER HR SERVICES, LLC

Service code 15 · EIN 20-1932099

Recordkeeping

$37,631

NFP RETIREMENT INC2+ years

Filed as: NFP ADVISORY SERVICES

Service code 27

1250 CAPITAL OF TEXAS HWY · AUSTIN, TX 78746

Advisory (Plan)

$14,702

T ROWE PRICE RPS INC1 year

Filed as: T ROWE PRICE RETIREMENT PLAN

Service code 27

Advisory (Plan)

$13,819

LEGACY PROFESSIONALS LLP1 year

Filed as: LEGACY EXECUTIVE BENEFITS

Service code 27

Advisory (Plan)

$9,000

PFS INVESTMENTS2+ years

Service code 27

1 PRIMERICA PARKWAY · DULUTH, GA 30099

Advisory (Plan)

$6,767

CKS PACKAGING, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CKS PACKAGING, INC. 401K 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