Plan Snapshot
- Plan Sponsor: Quality Packaging Specialists International, LLC
- Sponsor EIN: 205565647
- Sponsor Address: 2030 US 130 NORTH, BURLINGTON, NJ, 08016
- Plan Type: 401(k)
- Total Participants: 503
- Total Assets: $7.7M
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 | 503 | $7.7M | $199,871 | $329,033 |
| 2023 | 487 | $6.9M | $205,032 | $350,094 |
| 2022 | 461 | $5.9M | $191,945 | $322,180 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $24,281 | — | $24,281 |
| MML INVESTORS SERVICES LLC | BROKER/ADVISER | — | $16,494 | $16,494 |
| LEAR & PANNEPACKER, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEAR & PANNEPACKER, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,775
- Estimated Expense Ratio: 0.530% 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 | $26,858 | $4,852 | — | — | — |
| 2023 | $21,072 | $2,001 | — | — | — |
| 2022 | $21,660 | — | $21,660 | — | — |