Plan Ledger DOL Form 5500 · updated monthly

Blandin Paper Company401(k)

BLANDIN PAPER COMPANY HOURLY EMPLOYEES 401(K) RETIREMENT PLAN · NAPERVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Blandin Paper Company reported $24,480 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,969 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 0.01% to 0.02%. 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 393rd-largest of 3,702 plans among Illinois employers on file, and the 1,352nd of 13,661 in manufacturing. In 2024, employees put in $1.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$160,496,702
Participants with balances520
Active participants180
Employer contributions$1,434,406
Employee contributions$1,491,800
Employer contribution per active participant$7,969
Average account balance$308,648
Benefits paid to participants$12,991,099
Plan auditUnmodified (clean) audit opinion
AuditorCOPELAND BUHL & COMPANY PLLP
Plan history3
Yearassets · accounts · employer contribution
2024$160.5M · 520 accts · $1.4M emplr
2023$152.8M · 515 accts · $1.3M emplr
2022$145.8M · 496 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,480
Total administrative$24,480
The Blandin Paper Company 401(k) match · 2024
Employer contribution per active participant$7,969
Median for plans this size$3,635
2024$7,969 per active participant
2023$7,104 per active participant
2022$8,087 per active participant

Blandin Paper Company's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$24,630

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Blandin Paper Company before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$24,480 · 0.02%
2023$47,140 · 0.03%
2022$9,735 · 0.01%
Similar plansManufacturing · Illinois
Polynt Composites USA Inc. IL$168.9M · 0.11%
Coilcraft, Inc. IL$166.2M · 0.01%
Duravant LLC IL$162.9M · 0.34%
Cts Corporation IL$159.7M · 0.14%
Sram LLC IL$152.1M
Bunn-O-Matic Corporation IL$151.2M · 0.13%
G&W Electric Company IL$150.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410154230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.