Plan Ledger DOL Form 5500 · updated monthly

Associated Sales & Bag Company401(k)

ASSOCIATED SALES & BAG COMPANY 401(K) SAVINGS PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Associated Sales & Bag Company reported $47,542 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $1,615 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 fell from 0.22% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 762nd-largest of 1,936 plans among Wisconsin employers on file, and the 5,314th of 13,661 in manufacturing. In 2024, employees put in $2.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,706,284
Participants with balances149
Active participants152
Employer contributions$245,439
Employee contributions$647,442
Employer contribution per active participant$1,615
Average account balance$159,103
Benefits paid to participants$2,075,293
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.7M · 149 accts · $245K emplr
2023$22.2M · 146 accts · $218K emplr
2022$20.4M · 145 accts · $229K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,782
Investment management$15,560
Audit (IQPA)$10,200
Total administrative$47,542
The Associated Sales & Bag Company 401(k) match · 2024
Employer contribution per active participant$1,615
Median for plans this size$2,416
2024$1,615 per active participant
2023$1,415 per active participant
2022$1,555 per active participant

Associated Sales & Bag Company's 2024 employer contribution ran below 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 · 20243
CREATIVE PLANNING LLC · Investment advisory (plan)$15,560
VRAKAS S.C. · Accounting / audit$10,200

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

Administrative cost history3
2024$47,542 · 0.21%
2023$47,262 · 0.22%
2022$50,515 · 0.22%
Same employer
Similar plansManufacturing · Wisconsin
Port City Bakery, Inc. WI$24.2M · 0.05%
Sani-Matic, Inc. WI$23.9M · 0.32%
Iris USA, Inc. WI$23.8M · 0.33%
Saco Aei Polymers, Inc. WI$23.4M · 0.46%
Pacur LLC WI$23.1M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390742989 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.