Department of Labor filing

HOOD PACKAGING CORPORATION

HOOD PACKAGING CORPORATION HOURLY EMPLOYEES 401(K) PLAN · For the plan year ended Dec 31, 2022

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Public filing 2022 · received Aug 4, 2023Verified current terms Not available

Plan at a glance

How good does the filing look?

57filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support
$1,833

Reported employer contributions per active participant.

Higher than about 59% of comparable plans
#People in the filing
197

Active participants reported for 2022.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$124 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 53% of comparable plans
Investment performance
Not available

Plan assets changed -15.7%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202257out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions59th percentileTypical peer $1,564 · based on 190 comparable plans
Lower reported administrative expense53rd percentileTypical peer $132 · based on 194 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2022, HOOD PACKAGING CORPORATION reported $361,012 in employer contributions across the plan and 197 active participants. That works out to $1,833 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy85%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 0.0%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 0.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context57/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$361,012
Participant contributions
$732,986
Other contributions
$11,164
Employer share of reported contributions
33.0%
Beginning assets
$9,338,286
Ending assets
$7,870,225
Ending net assets
$7,870,225
Ending liabilities
$0
Total income
-$420,704
Total expenses
$884,800
Administrative expenses
$30,933
Participant loans
Not reported

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$1,833
Plan-paid administrative expenses per participant
2022
$124
Active participants
2022
197
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2022$1,8331977.9M20230804095556NAL0021461793001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
Not stated in the filing
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
362891497-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Apr 1, 2014
Industry
Industry group 322
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2T3D3H

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Filing ACK_ID20230804095556NAL0021461793001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗