Retirement plan

GEORGIA-PACIFIC LLC HOURLY 401(K) PLAN

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

GEORGIA-PACIFIC LLCEIN 93-0432081Plan #073PY 2020

133 PEACHTREE STREET NE, 14TH FLOOR - ATLANTA, GA 30303404-652-2109gp.comLinkedIn10001+ employeespaper & forest products

Other plans on this EIN

3 filings

#018Retirement-$4.54B assets #070Retirement-$3.57B assets #046Retirement-$1.39B assets

Prospect flagsLow assets / participantLow participant contribution

Top hat statement on fileNQDC

Filed February 5, 2002 (most recent of 5 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

How to read this page

Total assets (EOY)

$1480.7M

+2.2% from 2019

Total participants

19,438

-17.3% from 2019

Average account balance

$81,250

+1.6% from 2019

Annual return

12.39%

-7.14 pp from 2019

Benchmarks

See 50 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants>=10,000

Cohort50 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.49B

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

20,425

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.

97.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$123.78M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+13.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$92

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 7 by compensation

Provider	Service type	Compensation
ALIGHT SOLUTIONS LLC4 years Filed as: ALIGHT FINANCIAL ADVISORS, LLC Service code 26 · EIN 82-1061233	Advisory (Participants)	$1,160,835
ALIGHT SOLUTIONS LLC4 years Service code 15 · EIN 82-1061233	Recordkeeping	$879,676
ALIGHT SOLUTIONS LLC3 years Filed as: ALIGHT FINANCIAL SOLUTIONS, LLC Service code 33 · EIN 82-1061233	Distribution (12b-1) fees; Securities...	$185,797
THE BANK OF NEW YORK MELLON6+ years Filed as: PERSHING LLC Service code 59 · EIN 13-2741729	Shareholder Servicing	$41,990
MAYER HOFFMAN MCCANN P.C.1 year Filed as: MAYER HOFFMAN MCCANN PC Service code 10 · EIN 43-1947695	Accounting	$19,870
DIRECT DATA CORPORATION1 year Filed as: DIRECT DATA CORP Service code 16 · EIN 58-2191799	Consulting	$18,695
WILLIS TOWERS WATSON US LLC1 year Filed as: WILLIS TOWERS WATSON Service code 16 · EIN 53-0181291	Consulting	$15,200

Plan features & details

Pension benefit codes2E2F2G2J2K2T3H2R2S

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.
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

2 tripped

OpportunityLow participant contribution
Participant 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.

Expense breakdown

Schedule H Part II

Admin total

$2.0M

$121 / participant

Investment mgmt$1M59.3%
Contract admin$735K37.6%
Other / not subdivided$60K3.1%

% of EOY assets

0.132%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MAYER HOFFMAN MCCANN PC
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$81,250

$430,560-81.1%

$98,920-17.9%

$106,273-23.5%

Participation rate

92.5%

86.2%+6.3pp

76.0%+16.4pp

70.8%+21.7pp

Annual return

12.39%

17.89%-5.5pp

196.47%-184.1pp

21.70%-9.3pp

Employer contribution / active EE

$2,127

$6,804-68.7%

$2,689-20.9%

$2,722-21.9%

Participant deferral / active EE

$4,342

$9,623-54.9%

$4,245+2.3%

$4,601-5.6%

Admin fee / account holder

$107

$220-51.3%

$6,643-98.4%

$78+36.9%

Provider

Service type

Compensation

ALIGHT SOLUTIONS LLC4 years

Filed as: ALIGHT FINANCIAL ADVISORS, LLC

Service code 26 · EIN 82-1061233

Advisory (Participants)

$1,160,835

ALIGHT SOLUTIONS LLC4 years

Service code 15 · EIN 82-1061233

Recordkeeping

$879,676

ALIGHT SOLUTIONS LLC3 years

Filed as: ALIGHT FINANCIAL SOLUTIONS, LLC

Service code 33 · EIN 82-1061233

Distribution (12b-1) fees; Securities...

$185,797

THE BANK OF NEW YORK MELLON6+ years

Filed as: PERSHING LLC

Service code 59 · EIN 13-2741729

Shareholder Servicing

$41,990

MAYER HOFFMAN MCCANN P.C.1 year

Filed as: MAYER HOFFMAN MCCANN PC

Service code 10 · EIN 43-1947695

Accounting

$19,870

DIRECT DATA CORPORATION1 year

Filed as: DIRECT DATA CORP

Service code 16 · EIN 58-2191799

Consulting

$18,695

WILLIS TOWERS WATSON US LLC1 year

Filed as: WILLIS TOWERS WATSON

Service code 16 · EIN 53-0181291

Consulting

$15,200

GEORGIA-PACIFIC LLC HOURLY 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GEORGIA-PACIFIC LLC HOURLY 401(K) PLAN

Top hat statement on fileNQDC

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