Plan Snapshot
- Plan Sponsor: Professional Packaging Systems, LLC
- Sponsor EIN: 751728943
- Sponsor Address: 2010 S. GREAT SOUTHWEST PARKWAY, GRAND PRAIRIE, TX, 75051
- Plan Type: 401(k)
- Total Participants: 261
- Total Assets: $7.9M
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 | 261 | $7.9M | $215,332 | $693,148 |
| 2023 | 248 | $8.0M | $218,474 | $645,052 |
| 2022 | 233 | $7.0M | $235,448 | $619,079 |
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 |
|---|---|---|---|---|
| MCBEE & CO., PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $41,304 | — | $41,304 | — | — |
| 2023 | $23,497 | — | $23,497 | — | — |
| 2022 | $23,272 | — | $23,272 | — | — |