Retirement plan

IMPRIMUS LABELS AND PACKAGING 401(K) PSP

Name: AALP, LLC - IMPRIMUS LABELS AND PACKAGING 401(K) PSP (2023) Form 5500
Creator: AALP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IMPRIMUS LABELS AND PACKAGING 401(K) PSP, AALP, LLC

AALP, LLCdba DBA IMPRIMUS LABEL AND PACKAGINGEIN 85-3044929Plan #001PY 2023

6958 SIERRA COURT - DUBLIN, CA 94568925-803-5709

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$8.5M

+61.3% from 2022

Total participants

367

+83.5% from 2022

Average account balance

$23,853

-9.4% from 2022

Annual return

67.60%

+80.79 pp from 2022

Benchmarks

See 1,940 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,940 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.31M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

401

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.

96.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.48M

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

+15.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$170

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
NORTHWESTERN MUTUAL INVESTMENT SERV1 year Filed as: NORTHWESTERN MUTUAL Service code 27 611 W WISCONSIN AVE · MILWAUKEE, WI 53202	Advisory (Plan)	$36,197
HICKS PENSION SERVICES2 years Service code 13 · EIN 77-0155091	Contract Administrator	$9,098
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$3,369

Plan features & details

Pension benefit codes2A2E2F2G2J3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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 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).

Expense breakdown

Schedule H Part II

Admin total

$54K

$223 / participant

Recordkeeping$14K26.2%
Investment mgmt$36K67.5%
Contract admin$3K6.3%

% of EOY assets

0.632%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CALIBER AUDIT & ATTEST, LLP
Auditor EIN: 262350873
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,853

$71,523-66.7%

$98,461-75.8%

$71,511-66.6%

Participation rate

95.4%

72.7%+22.7pp

75.2%+20.3pp

67.9%+27.5pp

Annual return

67.60%

32.43%+35.2pp

21.17%+46.4pp

28.86%+38.7pp

Employer contribution / active EE

$2,455

$2,399+2.3%

$3,049-19.5%

$2,589-5.2%

Participant deferral / active EE

$3,476

$4,109-15.4%

$4,738-26.7%

$4,291-19.0%

Admin fee / account holder

$151

$1,676-91.0%

$8,961-98.3%

$1,588-90.5%

Provider

Service type

Compensation

NORTHWESTERN MUTUAL INVESTMENT SERV1 year

Filed as: NORTHWESTERN MUTUAL

Service code 27

611 W WISCONSIN AVE · MILWAUKEE, WI 53202

Advisory (Plan)

$36,197

HICKS PENSION SERVICES2 years

Service code 13 · EIN 77-0155091

Contract Administrator

$9,098

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE CO

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$3,369

IMPRIMUS LABELS AND PACKAGING 401(K) PSP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IMPRIMUS LABELS AND PACKAGING 401(K) PSP

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