Retirement plan

AMERICAN PLASTICS, LLC 401(K) PLAN

Name: AMERICAN PLASTICS, LLC - AMERICAN PLASTICS, LLC 401(K) PLAN (2020) Form 5500
Creator: AMERICAN PLASTICS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN PLASTICS, LLC 401(K) PLAN, AMERICAN PLASTICS, LLC

AMERICAN PLASTICS, LLCEIN 82-2126101Plan #001PY 2020

11840 WESTLINE INDUSTRIAL DR, SUITE 200 - SAINT LOUIS, MO 631463329314-739-8585americanplasticsllc.comLinkedIn1001-5000 employeesplastics

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$7.4M

+41.6% from 2019

Total participants

817

+13.5% from 2019

Average account balance

$10,231

+19.3% from 2019

Annual return

18.38%

-37.84 pp from 2019

Benchmarks

See 1,160 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,160 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.88M

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

1,047

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.

36.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.77M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$278

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 5 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290	Contract Administrator	$116,704
ORENDA RETIREMENT, LLC2 years Service code 13 · EIN 36-4877979	Contract Administrator	$25,815
MORGAN STANLEY SMITH BARNEY3 years Filed as: MORGAN STANLEY INS SERVICES INC Service code 49 · EIN 51-0116113	Other Services	$24,532
PAPILLON PRINTING, LLC2 years Filed as: PAPILLON PRINTING LLC Service code 13 · EIN 81-5183995	Contract Administrator	$7,944
WILSHIRE ASSOCIATES INCORPORATED2 years Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H

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.
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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$146K

$193 / participant

Contract admin$146K100.0%

% of EOY assets

1.975%

all-in expense ratio

Categories reported

1 / 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: COOPER SAVAS LLC
Auditor EIN: 275169784
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,231

$85,135-88.0%

$98,920-89.7%

$73,412-86.1%

Participation rate

87.5%

81.1%+6.4pp

76.0%+11.5pp

72.2%+15.4pp

Annual return

18.38%

19.14%-0.8pp

196.47%-178.1pp

59.30%-40.9pp

Employer contribution / active EE

$1,407

$2,721-48.3%

$2,689-47.7%

$2,234-37.0%

Participant deferral / active EE

$2,135

$4,349-50.9%

$4,245-49.7%

$3,806-43.9%

Admin fee / account holder

$202

$139+45.1%

$6,643-97.0%

$158+27.9%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY4+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$116,704

ORENDA RETIREMENT, LLC2 years

Service code 13 · EIN 36-4877979

Contract Administrator

$25,815

MORGAN STANLEY SMITH BARNEY3 years

Filed as: MORGAN STANLEY INS SERVICES INC

Service code 49 · EIN 51-0116113

Other Services

$24,532

PAPILLON PRINTING, LLC2 years

Filed as: PAPILLON PRINTING LLC

Service code 13 · EIN 81-5183995

Contract Administrator

$7,944

WILSHIRE ASSOCIATES INCORPORATED2 years

Service code 27 · EIN 95-2755361

Advisory (Plan)

AMERICAN PLASTICS, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN PLASTICS, LLC 401(K) 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