Retirement plan

PAR 4 PLASTICS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: PAR 4 PLASTICS, INC. - PAR 4 PLASTICS, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2015) Form 5500
Creator: PAR 4 PLASTICS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PAR 4 PLASTICS, INC. 401(K) PROFIT SHARING PLAN AND TRUST, PAR 4 PLASTICS, INC.

PAR 4 PLASTICS, INC.EIN 61-1186914Plan #001PY 2015

351 INDUSTRIAL DRIVE - MARION, KY 42064270-965-9141par4plastics.comLinkedIn201-500 employeesplastics

Prospect flagsLow participationLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$2.3M

No prior year

Total participants

163

No prior year

Average account balance

$20,918

No prior year

Annual return

-1.08%

No prior year

Benchmarks

See 1,746 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,746 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.83M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

124

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.

69.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$474K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+15.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$420

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 1 by compensation

Provider	Service type	Compensation
KEMPER CPA GROUP LLP1+ years Service code 10 · EIN 37-0818432	Accounting	$5,950

Plan features & details

Pension benefit codes2E2G2J2K

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$10K

$66 / participant

Other / not subdivided$10K100.0%

% of EOY assets

0.450%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KEMPER CPA GROUP
Auditor EIN: 370818432
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,918

$53,412-60.8%

$68,509-69.5%

$52,331-60.0%

Participation rate

64.3%

71.7%-7.4pp

74.7%-10.4pp

68.1%-3.8pp

Annual return

-1.08%

3.42%-4.5pp

8.27%-9.3pp

4.54%-5.6pp

Employer contribution / active EE

$806

$1,607-49.9%

$2,278-64.6%

$1,882-57.2%

Participant deferral / active EE

$1,218

$2,688-54.7%

$3,382-64.0%

$3,022-59.7%

Admin fee / account holder

$94

$461-79.6%

$5,275-98.2%

$592-84.1%

Provider

Service type

Compensation

KEMPER CPA GROUP LLP1+ years

Service code 10 · EIN 37-0818432

Accounting

$5,950

PAR 4 PLASTICS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PAR 4 PLASTICS, INC. 401(K) PROFIT SHARING 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