Plan Ledger DOL Form 5500 · updated monthly

Bemis Associates, Inc.401(k)

BEMIS ASSOCIATES, INC. EMPLOYEE DEFERRED SAVINGS PLAN · SHIRLEY, MA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Bemis Associates, Inc. reported $73,551 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $5,689 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 0.24% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 636th-largest of 2,726 plans among Massachusetts employers on file, and the 2,863rd of 13,661 in manufacturing. In 2024, employees put in $2.03 for every $1.00 the employer contributed; active participation has shrunk from 205 to 177 since 2022.

Plan summary
Net assets, end of year$56,967,590
Participants with balances274
Active participants177
Employer contributions$1,006,901
Employee contributions$2,043,529
Employer contribution per active participant$5,689
Average account balance$207,911
Benefits paid to participants$3,451,379
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$57.0M · 274 accts · $1.0M emplr
2023$50.0M · 295 accts · $920K emplr
2022$42.9M · 316 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,172
Investment management$21,379
Total administrative$73,551
The Bemis Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$5,689
Median for plans this size$3,635
2024$5,689 per active participant
2023$4,719 per active participant
2022$5,148 per active participant

Bemis Associates, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
JOHN HANCOCK · Recordkeeping · Loan processing$52,484
CARSON WEALTH MANAGEMENT, LLC · Investment advisory (plan)$21,067

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$73,551 · 0.14%
2023$65,434 · 0.14%
2022$112,792 · 0.24%
Same employer
Similar plansManufacturing · Massachusetts
M. S. Walker, Inc. MA$62.1M · 0.04%
Tech-Etch, Inc. MA$61.4M · 0.09%
Methods Machine Tools, Inc. MA$60.2M · 0.18%
Casa Systems, Inc. MA$59.9M · 0.35%
Gn Audio USA, Inc. MA$56.9M · 0.27%
Ufp Technologies, Inc. MA$56.1M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 041078880 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.