Retirement plan

LSC SAVINGS PLAN

Name: LSC COMMUNICATIONS, LLC - LSC SAVINGS PLAN (2022) Form 5500
Creator: LSC COMMUNICATIONS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LSC SAVINGS PLAN, LSC COMMUNICATIONS, LLC

LSC COMMUNICATIONS, LLCEIN 85-3418344Plan #001PY 2022

4101 WINFIELD ROAD - WARRENVILLE, IL 605553521844-572-5720lsccom.comLinkedIn10001+ employeesprinting

Other plans on this EIN

1 filing

#004Retirement-$1.60B assets

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

How to read this page

Total assets (EOY)

$892.2M

-22.5% from 2021

Total participants

16,930

-7.2% from 2021

Average account balance

$57,412

-16.8% from 2021

Annual return

-14.74%

-26.25 pp from 2021

Benchmarks

See 56 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants>=10,000

Cohort56 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$968.97M

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

14,000

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.

76.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$43.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+21.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$101

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 7 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 15 · EIN 84-0467907	Recordkeeping	$978,878
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ADVISORY GROUP, LLC Service code 26 · EIN 84-1532243	Advisory (Participants)	$505,147
NORTHERN TRUST COMPANY2 years Filed as: NORTHERN TRUST Service code 21 · EIN 36-1561860	Bank Trustee	$308,828
WINSLOW CAPITAL MANAGEMENT1 year Filed as: WINSLOW CAPTIAL MANAGEMENT , LLC Service code 28 · EIN 41-1719690	Investment Management	$206,082
SEYFARTH SHAW LLP1 year Filed as: SEYFARTH SHAW Service code 29 233 SOUTH WACHER DRIVE · CHICAGO, IL 606066448	Legal	$79,108
MERCER3+ years Filed as: MERCER INVESTMENTS LLC Service code 24 · EIN 30-0282430	Discretionary Trustee	$72,500
QDRO CONSULTANTS COMPANY, LLC1 year Filed as: QDRO CONSULTANTS Service code 16 · EIN 34-1820650	Consulting	$2,100

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3F

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

5 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 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

$1.5M

$148 / participant

Investment mgmt$505K33.2%
Other / not subdivided$1M66.8%

% of EOY assets

0.170%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,412

$185,545-69.1%

$90,766-36.7%

$89,433-35.8%

Participation rate

86.4%

85.0%+1.4pp

75.7%+10.7pp

71.3%+15.1pp

Annual return

-14.74%

-13.56%-1.2pp

-12.16%-2.6pp

-11.88%-2.9pp

Employer contribution / active EE

$680

$7,210-90.6%

$2,922-76.7%

$3,021-77.5%

Participant deferral / active EE

$3,287

$9,550-65.6%

$4,565-28.0%

$5,125-35.9%

Admin fee / account holder

$98

$100-2.4%

$8,446-98.8%

$79+23.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 15 · EIN 84-0467907

Recordkeeping

$978,878

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 26 · EIN 84-1532243

Advisory (Participants)

$505,147

NORTHERN TRUST COMPANY2 years

Filed as: NORTHERN TRUST

Service code 21 · EIN 36-1561860

Bank Trustee

$308,828

WINSLOW CAPITAL MANAGEMENT1 year

Filed as: WINSLOW CAPTIAL MANAGEMENT , LLC

Service code 28 · EIN 41-1719690

Investment Management

$206,082

SEYFARTH SHAW LLP1 year

Filed as: SEYFARTH SHAW

Service code 29

233 SOUTH WACHER DRIVE · CHICAGO, IL 606066448

Legal

$79,108

MERCER3+ years

Filed as: MERCER INVESTMENTS LLC

Service code 24 · EIN 30-0282430

Discretionary Trustee

$72,500

QDRO CONSULTANTS COMPANY, LLC1 year

Filed as: QDRO CONSULTANTS

Service code 16 · EIN 34-1820650

Consulting

$2,100

LSC SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LSC SAVINGS 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