Plan Snapshot
- Plan Sponsor: Commercial Plastics Company
- Sponsor EIN: 260723741
- Sponsor Address: 800 ALLANSON ROAD, MUNDELEIN, IL, 60060
- Plan Type: 401(k)
- Total Participants: 532
- Total Assets: $11.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 532 | $11.1M | $388,719 | $815,206 |
| 2023 | 541 | $9.9M | $349,208 | $701,978 |
| 2022 | 510 | $7.9M | $81,677 | $648,019 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INS CO (USA) | NONE | $29,011 | — | $29,011 |
| COMMONWEALTH FINANCIAL NETWORK | NONE | $20,346 | — | $20,346 |
| MCCULLOUGH, ROSSI & CO., LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INS CO (USA) — NONE
- COMMONWEALTH FINANCIAL NETWORK — NONE
- MCCULLOUGH, ROSSI & CO., LTD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,357
- Estimated Expense Ratio: 0.444% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $54,982 | $20,346 | $5,625 | — | — |
| 2023 | $46,040 | $17,488 | $3,590 | — | — |
| 2022 | $42,077 | $16,192 | $22,955 | — | $2,930 |