Plan Ledger DOL Form 5500 · updated monthly

Bemis Manufacturing Company401(k)

BEMIS EMPLOYEES' SAVINGS PLAN · SHEBOYGAN FALLS, WI · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Bemis Manufacturing Company reported $12,596 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,009 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 0.010% to 0.012%. 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 220th-largest of 1,936 plans among Wisconsin employers on file, and the 1,805th of 13,661 in manufacturing. In 2024, employees put in $1.31 for every $1.00 the employer contributed; active participation has shrunk from 434 to 385 since 2022.

Plan summary
Net assets, end of year$107,637,648
Participants with balances588
Active participants385
Employer contributions$2,313,639
Employee contributions$3,027,707
Employer contribution per active participant$6,009
Average account balance$183,057
Benefits paid to participants$18,489,990
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$107.6M · 588 accts · $2.3M emplr
2023$107.3M · 623 accts · $2.0M emplr
2022$99.3M · 620 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,596
Total administrative$12,596
The Bemis Manufacturing Company 401(k) match · 2024
Employer contribution per active participant$6,009
Median for plans this size$3,635
2024$6,009 per active participant
2023$4,772 per active participant
2022$5,060 per active participant

Bemis Manufacturing Company'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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$12,595

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$12,596 · 0.01%
2023$10,842 · 0.01%
2022$11,761 · 0.01%
All plans at this employer2
BEMIS EMPLOYEES' SAVINGS PLAN401(k)
BEMIS MANUFACTURING COMPANY EXTRA RETIREMENT SAVINGS AND TRUST401(k)
Same employer
Similar plansManufacturing · Wisconsin
Chr. Hansen, Inc. WI$115.0M · 0.21%
Lakeside Foods, Inc. WI$113.7M · 0.32%
Fairbanks Morse, LLC WI$112.7M · 0.14%
Kuhn North America, Inc. WI$112.6M · 0.15%
Neenah Enterprises, Inc. WI$104.7M · 0.22%
Hellermanntyton Corporation WI$100.5M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390159363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.