Plan Snapshot
- Plan Sponsor: Packaging Specialties, INC.
- Sponsor EIN: 710457846
- Sponsor Address: PO BOX 360, FAYETTEVILLE, AR, 727020360
- Plan Type: 401(k)
- Total Participants: 366
- Total Assets: $31.3M
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 | 366 | $31.3M | $1.2M | $1.6M |
| 2023 | 322 | $27.9M | $1.1M | $1.5M |
| 2022 | 339 | $23.2M | $1.1M | $1.5M |
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 |
|---|---|---|---|---|
| EQUITABLE LIFE INSURANCE CO. | RECORDKEEPER | $149,103 | $70,142 | $219,245 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EQUITABLE LIFE INSURANCE CO. — RECORDKEEPER
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $219,245
- Estimated Expense Ratio: 0.700% 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 | $148,933 | — | $148,933 | — | — |
| 2023 | $146,642 | — | $146,642 | — | — |
| 2022 | $131,643 | — | — | — | — |