Plan Snapshot
- Plan Sponsor: Reynolds Consumer Products LLC
- Sponsor EIN: 770710443
- Sponsor Address: 1900 W FIELD COURT, LAKE FOREST, IL, 600454828
- Plan Type: 401(k)
- Total Participants: 1,270
- Total Assets: $135.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,270 | $135.2M | $4.7M | $6.8M |
| 2023 | 1,312 | $118.8M | $4.3M | $6.3M |
| 2022 | 1,365 | $102.1M | $3.9M | $6.0M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $161,988 | $4,744 | $166,732 |
| EDELMAN FINANCIAL ENGINES, LLC | INV ADV, PARTICIPANTS | $25,181 | — | $25,181 |
| CROWE | ACCOUNTANT | — | $19,819 | $19,819 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $211,732
- Estimated Expense Ratio: 0.157% 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 | $187,170 | $25,181 | $161,989 | — | — |
| 2023 | $164,056 | $15,315 | $148,741 | — | — |
| 2022 | $147,027 | $68 | $146,959 | — | — |