American Production and Inventory Control Society, Inc.
Form 5500 DataOverview
Plan Description
American Production and Inventory Control Society, Inc. Cash or Deferred Profit Sharing Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 80, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity and Salary Deferral. American Production and Inventory Control Society, Inc. Cash or Deferred Profit Sharing Trust currently has over 100 active participants and over $9.4M in plan assets.
Did you know?
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (80) and the top rated plan (87) could equate to:
6
Additional years of work
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?
Plan Details
Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 8430 W Bryn Mawr Ave Ste 1000 Suite 1000
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 8430 W Bryn Mawr Ave Ste 1000 Suite 1000
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LocationChicago , IL60631
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IndustryEducational Services
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AdministratorWayne Fritz
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Net Plan Assets$9,360,000
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Total Participants130
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Avg Account Balance$84,000
Plan Components
Component Ratings
Design
Total Plan Cost:
Average Fees
Company Generosity:
Great
Performance
Participation Rate:
Average
Salary Deferrals:
Great
Account Balance:
Above Average
Design
Total Plan Cost:
Low Fees
Company Generosity:
Great
Performance
Participation Rate:
Above Average
Salary Deferrals:
Great
Account Balance:
Great
Peer Group Plans
Company | Rating |
---|---|
The Education Trust | 80.7 |
Hillbrook School | 76.0 |
College Entrance Examination Board | 68.1 |
Sewickley Academy | 66.1 |
Bloomfield College | 61.3 |
Bennett College | 49.5 |
Top Industry Articles
Compliance
Stimulus Bill Extends Some Provisions of the CARES Act
It also provides a way for retirement plan sponsors to avoid a partial plan termination.
December 28, 2020
exclusives
Coronavirus Hardship Withdrawals, Taxes and Your Retirement Plan Clients
Coronavirus-related withdrawals made in 2020 were a financial lifeline for some, but they could also turn into a major tax headache for others.
February 19, 2021
exclusives
Warn Your Clients: Don’t Abuse Coronavirus Hardship Withdrawals
Though retirement plans can allow individuals to self-certify that they qualify for a penalty-free coronavirus-related distribution, should the IRS discover otherwise during a future audit, a participant can be subject to substantial penalties.
June 11, 2020
Compliance
The Most Common Retirement Plan Testing Mistakes
By alerting plan sponsors to the issues they see most often, advisers can help their clients navigate IRS testing rules.
April 12, 2021
Practice Management
The Pandemic Has Brought Advisers’ Succession Planning to the Fore
At the same time, more demand for financial advice has many retirement plan advisers looking to stay in the business
April 9, 2021
Investments
Largest Funds in this Plan | Allocation of Assets | 1 YR Rank in Category |
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TIAA-Nuveen Lifecycle Index | 59% |
N/A
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State Street S&P 500 Index | 5% |
N/A
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American United Life Stable Value | 3% |
N/A
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100%
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100%
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100%
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100%
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View all funds in this plan
Providers
Articles and Questions

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