Plan Ledger DOL Form 5500 · updated monthly

Associated Packaging, Inc.401(k)

ASSOCIATED PACKAGING, INC. 401(K) PROFIT SHARING PLAN · GALLATIN, TN · plan year 2024

Reported admin expense ratio · 2024
0.63%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Associated Packaging, Inc. reported $97,885 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,785 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.56% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 634th-largest of 1,496 plans among Tennessee employers on file, and 2,247th of 4,246 in wholesale trade. In 2024, employees put in $2.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,240,430
Participants with balances226
Active participants195
Employer contributions$543,119
Employee contributions$1,351,010
Employer contribution per active participant$2,785
Average account balance$71,860
Benefits paid to participants$2,561,271
Plan auditUnmodified (clean) audit opinion
AuditorBLANKENSHIP CPA GROUP,PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 226 accts · $543K emplr
2023$15.1M · 226 accts · $503K emplr
2022$12.8M · 210 accts · $466K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,885
Total administrative$97,885
The Associated Packaging, Inc. 401(k) match · 2024
Employer contribution per active participant$2,785
Median for plans this size$2,416
2024$2,785 per active participant
2023$2,595 per active participant
2022$2,605 per active participant

Associated Packaging, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$36,422

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$97,885 · 0.63%
2023$80,958 · 0.58%
2022$77,712 · 0.56%
Same employer
Similar plansWholesale Trade · Tennessee
Ces Power, LLC. TN$19.5M · 0.56%
Athens Paper Company, Inc. TN$18.9M · 0.04%
The Bailey Company, Inc. TN$18.6M · 0.44%
Kenny Pipe & Supply, Inc. TN$14.2M · 0.53%
Symmetry Surgical Inc. TN$13.5M · 0.41%
Chemical Services, Inc. TN$13.3M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621018129 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.