Department of Labor filing

NAPCO BAG & FILM, LP

NAPCO BAG & FILM, LP 401(K) PLAN · For the plan year ended Dec 31, 2022

Public filing 2022 · received Oct 17, 2023Verified current terms Not available

Plan at a glance

How good does the filing look?

36filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$733

Reported employer contributions per active participant.

Higher than about 27% of comparable plans

#People in the filing

152

Active participants reported for 2022.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$105 / participant

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

Lower cost than about 55% of comparable plans

↗Investment performance

Not available

Plan assets changed -16.2%, 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 · 202236out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions27th percentileTypical peer $1,346 · based on 565 comparable plans

Lower reported administrative expense55th percentileTypical peer $120 · based on 585 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, NAPCO BAG & FILM, LP reported $111,468 in employer contributions across the plan and 152 active participants. That works out to $733 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 proxy94%

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 context36/100

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: $111,468
Participant contributions: $254,697
Other contributions: $5,463
Employer share of reported contributions: 30.4%
Beginning assets: $2,891,825
Ending assets: $2,422,609
Ending net assets: $2,422,609
Ending liabilities: $0
Total income: -$115,704
Total expenses: $353,512
Administrative expenses: $18,589
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

$733

Plan-paid administrative expenses per participant

2022

$105

Active participants

2022

152

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2022	$733	152	2.4M	20231017080845NAL0026839443001

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: Yes
Public plan identifier: 205175044-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jun 29, 1997
Industry: Industry group 326
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2S2T3B3D3H

Current plan terms

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Filing ACK_ID20231017080845NAL0026839443001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗