Retirement plan

ANCHOR GLASS CONTAINER CORPORATION HOURLY EMPLOYEES' SUPPLEMENTAL RETIREMENT PLAN

Name: ANCHOR GLASS CONTAINER CORPORATION - ANCHOR GLASS CONTAINER CORPORATION HOURLY EMPLOYEES' SUPPLEMENTAL RETIREMENT PLAN (2018) Form 5500
Creator: ANCHOR GLASS CONTAINER CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANCHOR GLASS CONTAINER CORPORATION HOURLY EMPLOYEES' SUPPLEMENTAL RETIREMENT PLAN, ANCHOR GLASS CONTAINER CORPORATION

ANCHOR GLASS CONTAINER CORPORATIONEIN 59-3417812Plan #008PY 2018

401 E. JACKSON STREET, SUITE 1100 - TAMPA, FL 33602813-884-0000anchorglass.comLinkedIn1001-5000 employeespackaging and containers

Other plans on this EIN

1 filing

#001Retirement-$57.3M assets

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$88.4M

-5.6% from 2017

Total participants

1,881

+3.0% from 2017

Average account balance

$76,413

-3.9% from 2017

Annual return

-2.85%

-14.03 pp from 2017

Benchmarks

See 391 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort391 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$106.55M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

1,237

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.

97.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.37M

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

+11.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$175

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 3 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.2 years Filed as: THE VANGUARD GROUP INC. Service code 25 · EIN 23-1945930	Directed Trustee	$20,968
HARTLAND & CO1 year Filed as: HARTLAND & CO, LLC Service code 27 · EIN 34-1597728	Advisory (Plan)	$12,750
THE VANGUARD GROUP, INC.4+ years Service code 60	Sub-TA Fees	$0

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$27K

$17 / participant

Other / not subdivided$27K100.0%

% of EOY assets

0.030%

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: HACKER, JOHNSON & SMITH PA
Auditor EIN: 592153385
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$76,413

$134,045-43.0%

$80,022-4.5%

$75,289+1.5%

Participation rate

55.4%

85.8%-30.4pp

75.8%-20.5pp

72.4%-17.1pp

Annual return

-2.85%

-0.56%-2.3pp

11.22%-14.1pp

-0.04%-2.8pp

Employer contribution / active EE

$858

$3,492-75.4%

$2,468-65.2%

$2,405-64.3%

Participant deferral / active EE

$2,917

$4,976-41.4%

$3,686-20.9%

$3,739-22.0%

Admin fee / account holder

$23

$124-81.3%

$6,521-99.6%

$102-77.4%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.2 years

Filed as: THE VANGUARD GROUP INC.

Service code 25 · EIN 23-1945930

Directed Trustee

$20,968

HARTLAND & CO1 year

Filed as: HARTLAND & CO, LLC

Service code 27 · EIN 34-1597728

Advisory (Plan)

$12,750

THE VANGUARD GROUP, INC.4+ years

Service code 60

Sub-TA Fees

ANCHOR GLASS CONTAINER CORPORATION HOURLY EMPLOYEES' SUPPLEMENTAL RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANCHOR GLASS CONTAINER CORPORATION HOURLY EMPLOYEES' SUPPLEMENTAL RETIREMENT 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