Fidelity bond in place
Yes
Filing
Beck Packaging Corporation Employee Stock Ownership Plan
PETER BOWERS, PC • EIN 23-2982813 • Plan year 2003
Filing Insights
Participants
Flat12 → 12
0 • 0.00%
Assets
Up$123,000 → $326,000
$203,000 • 165.04%
Investment Management Fee
-
Admin expenses - • Total expenses $0
Filing Details
Context- Net investment result
- $265,371
Status Flags
Limited-scope audit performed
Not reported
Contributions transmitted on time
Not reported
Participant loans in default
No
Leases in default
No
Reportable party-in-interest issues
Not reported
Loss discovered during year
No
Assets with undetermined value
No
Non-cash contributions
No
Assets held for investment
Not reported
5% transactions reported
Not reported
All plan assets distributed
No
Benefits paid when due
Not reported
Plan blackout period
Not reported
Plan termination resolution adopted
No
Counterparties
Company Timeline
This filing is highlighted inside the broader sponsor history.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 2 | 5 | $2,111,018 | $251,727 | $50,345iApproximate average salary by contribution assumption: employee only about $1,258,635 at 4% or $839,090 at 6%; with 50% employer match about $839,090 at 4% or $559,393 at 6%; with 100% employer match about $629,318 at 4% or $419,545 at 6%. |
| PETER BOWERS, PC 401(K) PLAN | - | 5 | $1,084,661 | $113,748 | $22,750iApproximate average salary by contribution assumption: employee only about $568,740 at 4% or $379,160 at 6%; with 50% employer match about $379,160 at 4% or $252,773 at 6%; with 100% employer match about $284,370 at 4% or $189,580 at 6%. |
| Peter Bowers PC Cash Balance Plan | - | 5 | $1,026,357 | $137,979 | $27,596iApproximate average salary by contribution assumption: employee only about $689,895 at 4% or $459,930 at 6%; with 50% employer match about $459,930 at 4% or $306,620 at 6%; with 100% employer match about $344,948 at 4% or $229,965 at 6%. |
| 2023 | 2 | 5 | $1,721,882 | $298,639 | $59,728iApproximate average salary by contribution assumption: employee only about $1,493,195 at 4% or $995,463 at 6%; with 50% employer match about $995,463 at 4% or $663,642 at 6%; with 100% employer match about $746,598 at 4% or $497,732 at 6%. |
| Peter Bowers PC Cash Balance Plan | - | 5 | $870,221 | $188,748 | $37,750iApproximate average salary by contribution assumption: employee only about $943,740 at 4% or $629,160 at 6%; with 50% employer match about $629,160 at 4% or $419,440 at 6%; with 100% employer match about $471,870 at 4% or $314,580 at 6%. |
| PETER BOWERS, PC 401(K) PLAN | - | 5 | $851,661 | $109,891 | $21,978iApproximate average salary by contribution assumption: employee only about $549,455 at 4% or $366,303 at 6%; with 50% employer match about $366,303 at 4% or $244,202 at 6%; with 100% employer match about $274,728 at 4% or $183,152 at 6%. |
| 2022 | 2 | 5 | $1,309,376 | $210,723 | $42,145iApproximate average salary by contribution assumption: employee only about $1,053,615 at 4% or $702,410 at 6%; with 50% employer match about $702,410 at 4% or $468,273 at 6%; with 100% employer match about $526,808 at 4% or $351,205 at 6%. |
| Peter Bowers PC Cash Balance Plan | - | 5 | $658,555 | $104,203 | $20,841iApproximate average salary by contribution assumption: employee only about $521,015 at 4% or $347,343 at 6%; with 50% employer match about $347,343 at 4% or $231,562 at 6%; with 100% employer match about $260,507 at 4% or $173,672 at 6%. |
| PETER BOWERS, PC 401(K) PLAN | - | 4 | $650,821 | $106,520 | $26,630iApproximate average salary by contribution assumption: employee only about $665,750 at 4% or $443,833 at 6%; with 50% employer match about $443,833 at 4% or $295,889 at 6%; with 100% employer match about $332,875 at 4% or $221,917 at 6%. |
| 2021 | 2 | 5 | $1,349,519 | $215,171 | $43,034iApproximate average salary by contribution assumption: employee only about $1,075,855 at 4% or $717,237 at 6%; with 50% employer match about $717,237 at 4% or $478,158 at 6%; with 100% employer match about $537,928 at 4% or $358,618 at 6%. |
| Peter Bowers PC Cash Balance Plan | - | 5 | $689,719 | $105,258 | $21,052iApproximate average salary by contribution assumption: employee only about $526,290 at 4% or $350,860 at 6%; with 50% employer match about $350,860 at 4% or $233,907 at 6%; with 100% employer match about $263,145 at 4% or $175,430 at 6%. |
| PETER BOWERS, PC 401(K) PLAN | - | 5 | $659,800 | $109,913 | $21,983iApproximate average salary by contribution assumption: employee only about $549,565 at 4% or $366,377 at 6%; with 50% employer match about $366,377 at 4% or $244,251 at 6%; with 100% employer match about $274,783 at 4% or $183,188 at 6%. |
| 2020 | 2 | 5 | $1,092,380 | $215,759 | $43,152iApproximate average salary by contribution assumption: employee only about $1,078,795 at 4% or $719,197 at 6%; with 50% employer match about $719,197 at 4% or $479,464 at 6%; with 100% employer match about $539,398 at 4% or $359,598 at 6%. |
| Peter Bowers PC Cash Balance Plan | - | 5 | $583,110 | $105,731 | $21,146iApproximate average salary by contribution assumption: employee only about $528,655 at 4% or $352,437 at 6%; with 50% employer match about $352,437 at 4% or $234,958 at 6%; with 100% employer match about $264,328 at 4% or $176,218 at 6%. |
| PETER BOWERS, PC 401(K) PLAN | - | 5 | $509,270 | $110,028 | $22,006iApproximate average salary by contribution assumption: employee only about $550,140 at 4% or $366,760 at 6%; with 50% employer match about $366,760 at 4% or $244,507 at 6%; with 100% employer match about $275,070 at 4% or $183,380 at 6%. |
| 2019 | 2 | 5 | $768,212 | $166,904 | $33,381iApproximate average salary by contribution assumption: employee only about $834,520 at 4% or $556,347 at 6%; with 50% employer match about $556,347 at 4% or $370,898 at 6%; with 100% employer match about $417,260 at 4% or $278,173 at 6%. |
| Peter Bowers PC Cash Balance Plan | - | 5 | $440,139 | $65,662 | $13,132iApproximate average salary by contribution assumption: employee only about $328,310 at 4% or $218,873 at 6%; with 50% employer match about $218,873 at 4% or $145,916 at 6%; with 100% employer match about $164,155 at 4% or $109,437 at 6%. |
| PETER BOWERS, PC 401(K) PLAN | - | 5 | $328,073 | $101,242 | $20,248iApproximate average salary by contribution assumption: employee only about $506,210 at 4% or $337,473 at 6%; with 50% employer match about $337,473 at 4% or $224,982 at 6%; with 100% employer match about $253,105 at 4% or $168,737 at 6%. |
| 2018 | 2 | 5 | $540,985 | $221,169 | $44,234iApproximate average salary by contribution assumption: employee only about $1,105,845 at 4% or $737,230 at 6%; with 50% employer match about $737,230 at 4% or $491,487 at 6%; with 100% employer match about $552,923 at 4% or $368,615 at 6%. |
| Peter Bowers PC Cash Balance Plan | - | 5 | $346,068 | $150,000 | $30,000iApproximate average salary by contribution assumption: employee only about $750,000 at 4% or $500,000 at 6%; with 50% employer match about $500,000 at 4% or $333,333 at 6%; with 100% employer match about $375,000 at 4% or $250,000 at 6%. |
| PETER BOWERS, PC 401(K) PLAN | - | 5 | $194,917 | $71,169 | $14,234iApproximate average salary by contribution assumption: employee only about $355,845 at 4% or $237,230 at 6%; with 50% employer match about $237,230 at 4% or $158,153 at 6%; with 100% employer match about $177,923 at 4% or $118,615 at 6%. |
| 2017 | 2 | 4 | $349,606 | $174,617 | $43,654iApproximate average salary by contribution assumption: employee only about $1,091,356 at 4% or $727,571 at 6%; with 50% employer match about $727,571 at 4% or $485,047 at 6%; with 100% employer match about $545,678 at 4% or $363,785 at 6%. |
| Peter Bowers PC Cash Balance Plan | - | 4 | $215,238 | $102,467 | $25,617iApproximate average salary by contribution assumption: employee only about $640,419 at 4% or $426,946 at 6%; with 50% employer match about $426,946 at 4% or $284,631 at 6%; with 100% employer match about $320,209 at 4% or $213,473 at 6%. |
| PETER BOWERS, PC 401(K) PLAN | - | 4 | $134,368 | $72,150 | $18,038iApproximate average salary by contribution assumption: employee only about $450,938 at 4% or $300,625 at 6%; with 50% employer match about $300,625 at 4% or $200,417 at 6%; with 100% employer match about $225,469 at 4% or $150,313 at 6%. |
| 2016 | 2 | 4 | $155,448 | $155,448 | $38,862iApproximate average salary by contribution assumption: employee only about $971,550 at 4% or $647,700 at 6%; with 50% employer match about $647,700 at 4% or $431,800 at 6%; with 100% employer match about $485,775 at 4% or $323,850 at 6%. |
| Peter Bowers PC Cash Balance Plan | - | 4 | $102,276 | $102,276 | $25,569iApproximate average salary by contribution assumption: employee only about $639,225 at 4% or $426,150 at 6%; with 50% employer match about $426,150 at 4% or $284,100 at 6%; with 100% employer match about $319,613 at 4% or $213,075 at 6%. |
| PETER BOWERS, PC 401(K) PLAN | - | 4 | $53,172 | $53,172 | $13,293iApproximate average salary by contribution assumption: employee only about $332,325 at 4% or $221,550 at 6%; with 50% employer match about $221,550 at 4% or $147,700 at 6%; with 100% employer match about $166,163 at 4% or $110,775 at 6%. |
| 2011 | 1 | 15 | $2,053,000 | $93,818 | $6,255iApproximate average salary by contribution assumption: employee only about $156,363 at 4% or $104,242 at 6%; with 50% employer match about $104,242 at 4% or $69,495 at 6%; with 100% employer match about $78,182 at 4% or $52,121 at 6%. |
| Beck Packaging Corporation Employee Stock Ownership Plan | - | 15 | $2,053,000 | $93,818 | $6,255iApproximate average salary by contribution assumption: employee only about $156,363 at 4% or $104,242 at 6%; with 50% employer match about $104,242 at 4% or $69,495 at 6%; with 100% employer match about $78,182 at 4% or $52,121 at 6%. |
| 2010 | 1 | 17 | $1,692,000 | $70,895 | $4,170iApproximate average salary by contribution assumption: employee only about $104,257 at 4% or $69,505 at 6%; with 50% employer match about $69,505 at 4% or $46,337 at 6%; with 100% employer match about $52,129 at 4% or $34,752 at 6%. |
| Beck Packaging Corporation Employee Stock Ownership Plan | - | 17 | $1,692,000 | $70,895 | $4,170iApproximate average salary by contribution assumption: employee only about $104,257 at 4% or $69,505 at 6%; with 50% employer match about $69,505 at 4% or $46,337 at 6%; with 100% employer match about $52,129 at 4% or $34,752 at 6%. |
| 2009 | 1 | 17 | $1,298,000 | $75,619 | $4,448iApproximate average salary by contribution assumption: employee only about $111,204 at 4% or $74,136 at 6%; with 50% employer match about $74,136 at 4% or $49,424 at 6%; with 100% employer match about $55,602 at 4% or $37,068 at 6%. |
| Beck Packaging Corporation Employee Stock Ownership Plan | - | 17 | $1,298,000 | $75,619 | $4,448iApproximate average salary by contribution assumption: employee only about $111,204 at 4% or $74,136 at 6%; with 50% employer match about $74,136 at 4% or $49,424 at 6%; with 100% employer match about $55,602 at 4% or $37,068 at 6%. |
| 2008 | 1 | 18 | $1,426,000 | $80,229 | $4,457iApproximate average salary by contribution assumption: employee only about $111,429 at 4% or $74,286 at 6%; with 50% employer match about $74,286 at 4% or $49,524 at 6%; with 100% employer match about $55,715 at 4% or $37,143 at 6%. |
| Beck Packaging Corporation Employee Stock Ownership Plan | - | 18 | $1,426,000 | $80,229 | $4,457iApproximate average salary by contribution assumption: employee only about $111,429 at 4% or $74,286 at 6%; with 50% employer match about $74,286 at 4% or $49,524 at 6%; with 100% employer match about $55,715 at 4% or $37,143 at 6%. |
| 2007 | 1 | 14 | $0 | $0 | - |
| Beck Packaging Corporation Employee Stock Ownership Plan | - | 14 | - | - | - |
| 2006 | 1 | 15 | $1,228,000 | $89,449 | $5,963iApproximate average salary by contribution assumption: employee only about $149,082 at 4% or $99,388 at 6%; with 50% employer match about $99,388 at 4% or $66,259 at 6%; with 100% employer match about $74,541 at 4% or $49,694 at 6%. |
| Beck Packaging Corporation Employee Stock Ownership Plan | - | 15 | $1,228,000 | $89,449 | $5,963iApproximate average salary by contribution assumption: employee only about $149,082 at 4% or $99,388 at 6%; with 50% employer match about $99,388 at 4% or $66,259 at 6%; with 100% employer match about $74,541 at 4% or $49,694 at 6%. |
| 2005 | 1 | 13 | $954,000 | $6,895 | $530iApproximate average salary by contribution assumption: employee only about $13,260 at 4% or $8,840 at 6%; with 50% employer match about $8,840 at 4% or $5,893 at 6%; with 100% employer match about $6,630 at 4% or $4,420 at 6%. |
| Beck Packaging Corporation Employee Stock Ownership Plan | - | 13 | $954,000 | $6,895 | $530iApproximate average salary by contribution assumption: employee only about $13,260 at 4% or $8,840 at 6%; with 50% employer match about $8,840 at 4% or $5,893 at 6%; with 100% employer match about $6,630 at 4% or $4,420 at 6%. |
| 2004 | 1 | 13 | $591,000 | $67,965 | $5,228iApproximate average salary by contribution assumption: employee only about $130,702 at 4% or $87,135 at 6%; with 50% employer match about $87,135 at 4% or $58,090 at 6%; with 100% employer match about $65,351 at 4% or $43,567 at 6%. |
| Beck Packaging Corporation Employee Stock Ownership Plan | - | 13 | $591,000 | $67,965 | $5,228iApproximate average salary by contribution assumption: employee only about $130,702 at 4% or $87,135 at 6%; with 50% employer match about $87,135 at 4% or $58,090 at 6%; with 100% employer match about $65,351 at 4% or $43,567 at 6%. |
| 2003 | 1 | 12 | $326,000 | $0 | - |
| Beck Packaging Corporation Employee Stock Ownership Plan | Current | 12 | $326,000 | - | - |
| 2002 | 1 | 12 | $0 | $0 | - |
| Beck Packaging Corporation Employee Stock Ownership Plan | - | 12 | - | - | - |
Schedule Details
Schedule I
Schedule I Financial Statement
Small plan result
Balance sheet and activity values reported by the filer for this small-plan annual return.
End-of-year assets$326,000$203,000 change
Balance Sheet
Beginning and end of plan year.
Total assets$123,000$326,000Increase +$203,000 (165.04%)
Total liabilities$576,923$514,552Decrease -$62,371 (-10.81%)
Net assets$-453,923$-188,552Increase +$265,371 (-58.46%)
Contributions
Employer contributions$0
Participant contributions$0
Other contributions$0
Income & Expenses
Total income$265,371
Total expenses$0
Net income$265,371
Source fields
- Schedule I source fields
- Filing Id
- 84037266378564
- Schedule I EIN
- 23-2982813
- Schedule I Plan Num
- 003
- Schedule I Plan Year Begin Date
- 2003-01-01
- Schedule I Tax Period
- 20031231
- Small plan total assets at beginning of year
- $123,000
- Small plan total liabilities at beginning of year
- $576,923
- Small plan net assets at beginning of year
- $-453,923
- Small plan total assets at end of year
- $326,000
- Small plan total liabilities at end of year
- $514,552
- Small plan net assets at end of year
- $-188,552
- Small plan employer contributions
- $0
- Small plan participant contributions
- $0
- Small Oth Contribution Rcvd Amount
- $0
- Small Non Cash Contribution Bs Amount
- $0
- Small Other Income Amount
- $265,371
- Small plan total income
- $265,371
- Small plan total benefit distributions
- $0
- Small Corrective Distribution Amount
- $0
- Small Dm Dstrb Ptcp Ln A
- 0
- Small Oth Expenses Amount
- $0
- Small plan total expenses
- $0
- Small plan net income or loss
- $265,371
- Small Total Plan Transfers Amount
- $0
- Small Joint Venture End of year Indicator
- No
- Small Joint Venture End of year Amount
- $0
- Small Employer Prop End of year Indicator
- No
- Small Employer Prop End of year Amount
- $0
- Small Investment Real Est End of year I
- 2
- Small Investment Real Est End of year A
- 0
- Small Employer Sec End of year Indicator
- Yes
- Small Employer Sec End of year Amount
- $326,000
- Small Mortg Participants End of year Indicator
- No
- Small Mortg Participants End of year Amount
- $0
- Small Oth Lns Participants End of year Indicator
- No
- Small Oth Lns Participants End of year Amount
- $0
- Small Personal Prop End of year Indicator
- No
- Small Personal Prop End of year Amount
- $0
- Small Fail Xmt Ctb I
- 2
- Small Fail Xmt Ctb A
- 0
- Small plan participant loans in default
- No
- Small Loans In Default Amount
- $0
- Small plan leases in default
- No
- Small Leases In Default Amount
- $0
- Small Pt In Interest Not Reported I
- 2
- Small Pt In Interest Not Reported A
- 0
- Small plan fidelity bond in place
- Yes
- Small plan fidelity bond amount
- $85,000
- Small plan loss discovered during year
- No
- Small Loss Discovered Dur Year Amount
- $0
- Small plan assets with undetermined value
- No
- Small Asset Undeterm Valuation Amount
- $0
- Small plan non-cash contributions reported
- No
- Small Non Cash Contribution Amount
- $0
- Small 20 Percent Sngl Investment Indicator
- No
- Small 20 Percent Sngl Investment Amount
- $0
- Small plan all plan assets distributed
- No
- Waiver Annual Iqpa Report
- 1
- Small plan resolution to terminate plan adopted
- No
- Small Res Terminate Plan Adpt Amount
- $0