Ronpak Union Employees 401(K) Profit Sharing Plan — Form 5500 plan (Ronpak, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Ronpak Union Employees 401(K) Profit Sharing Plan is a benefit plan reported by Ronpak, Inc. under EIN 22-2596363 and plan number 002. The latest loaded filing year is 2023. The filing reports 540 participants and $2,983,178 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3MPlan net assets, end of year$2,983,178
Participants540Covered participants reported
Assets / participant$5.5KComputed: assets ÷ participants$5,524 (computed)
Provider compensation$15K3 Schedule C provider row(s)$14,981
Plan sponsor
Ronpak, Inc.
EIN
22-2596363
Plan number
002
Plan type
2
Location
Shreveport, LA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023540H, C20241013091339NAL0013960707001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$3M total assets
Net assets$3MLiabilities$0
Money in vs. money out
Total income / additions$774.8K
Total expenses$210.4K
Benefits paid / distributions$181K
Contributions
Employer$334K
Participant$120.6K
Full reported line items

Net assets

Total assets (EOY)
$2,983,178
Total liabilities (EOY)
$0
Net assets (EOY)
$2,983,178
Net assets (BOY)
$2,418,749

Income & contributions

Employer contributions
$334,047
Participant contributions
$120,591
Total contributions
$454,638
Total income / additions
$774,823

Expenses & distributions

Benefits paid
$180,957
Administrative expenses
$17,806
Total expenses
$210,394
Net increase / (decrease)
$564,429
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 73%Participant 27%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income23%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principled Advisors, Inc.INVESTMENT/FINANCIAL ADVI$9,383$02023
Adp, Inc.RECORD KEEPER$5,598$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages