Plan Ledger DOL Form 5500 · updated monthly

Blue Label Packaging Co.401(k)

BLUE LABEL PACKAGING CO. SAFE HARBOR 401K PROFIT SHARING PLAN · LANCASTER, OH · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Blue Label Packaging Co. reported $71,439 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,140 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 1.21% to 0.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,101st of 3,295), and 9,303rd of 13,661 in manufacturing. In 2024, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,846,635
Participants with balances153
Active participants134
Employer contributions$420,699
Employee contributions$599,184
Employer contribution per active participant$3,140
Average account balance$57,821
Benefits paid to participants$219,896
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 153 accts · $421K emplr
2023$7.6M · 159 accts · $418K emplr
2022$5.8M · 158 accts · $398K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,410
Investment management$32,029
Total administrative$71,439
The Blue Label Packaging Co. 401(k) match · 2024
Employer contribution per active participant$3,140
Median for plans this size$1,313
2024$3,140 per active participant
2023$2,962 per active participant
2022$2,887 per active participant

Blue Label Packaging Co.'s 2024 employer contribution ran above the $1,313 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 · 20244
ADP, INC. · Recordkeeping$39,410
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Pension consulting$29,118
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$17,469
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, Morgan Stanley, UBS
2023ADP, Morgan Stanley

This plan has changed recordkeepers within these filings. If you left Blue Label Packaging Co. 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$71,439 · 0.87%
2023$69,630 · 1.04%
2022$71,453 · 1.21%
Same employer
Similar plansManufacturing · Ohio
Kaivac, Inc OH$8.9M · 0.68%
The Freeport Press, Inc. OH$8.9M · 0.91%
Nemco, Inc. OH$8.9M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310963794 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.