Global Packaging, Inc. 401(K) Plan — Form 5500 plan (Global Packaging, 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, Global Packaging, Inc. 401(K) Plan is a benefit plan reported by Global Packaging, Inc. under EIN 23-2863392 and plan number 003. The latest loaded filing year is 2023. The filing reports 346 participants and $39,820,770 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Global Packaging, Inc.
EIN
23-2863392
Plan number
003
Plan type
3
Location
Oaks, PA
Latest filing year
2023
Participants
346
End-of-year plan assets
$39,820,770

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023346H, C20241011112905NAL0022661249001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$39,820,770
Total liabilities (EOY)
$0
Net assets (EOY)
$39,820,770
Net assets (BOY)
$33,823,290

Income & contributions

Employer contributions
$2,271,263
Participant contributions
$2,034,303
Total contributions
$4,458,142
Total income / additions
$8,957,055

Expenses & distributions

Benefits paid
$2,865,736
Administrative expenses
$87,626
Total expenses
$2,959,575
Net increase / (decrease)
$5,997,480

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$62,477$02023
Merrill Lynch Pierce Fenner & SmithCONSULTANT$25,137$202023

Related Form 5500 pages