Plan Ledger DOL Form 5500 · updated monthly

Box-Board Products, Inc.401(k)

BOX-BOARD PRODUCTS, INC. 401(K) SAVINGS PLAN · GREENSBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Box-Board Products, Inc. reported $66,599 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,583 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 0.40% to 0.48%. 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 891st-largest of 2,005 plans among North Carolina employers on file, and 7,142nd of 13,661 in manufacturing. In 2024, employees put in $2.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,820,572
Participants with balances263
Active participants219
Employer contributions$346,685
Employee contributions$933,350
Employer contribution per active participant$1,583
Average account balance$56,352
Benefits paid to participants$926,977
Plan auditUnmodified (clean) audit opinion
AuditorBRESLOW STARLING
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 263 accts · $347K emplr
2023$12.9M · 279 accts · $354K emplr
2022$10.7M · 269 accts · $355K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,572
Investment management$37,027
Total administrative$66,599
The Box-Board Products, Inc. 401(k) match · 2024
Employer contribution per active participant$1,583
Median for plans this size$2,416
2024$1,583 per active participant
2023$1,572 per active participant
2022$1,549 per active participant

Box-Board Products, Inc.'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
MMA SECURITIES LLC · Investment advisory (plan)$32,447
JPMORGAN INVEST HOLDINGS LLC$29,572
EMPOWER ADVISORY GROUP, LLC · Investment management$4,580

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$66,599 · 0.48%
2023$54,802 · 0.46%
2022$45,185 · 0.40%
Same employer
Similar plansManufacturing · North Carolina
Barrday Corp. NC$15.2M · 0.02%
American Truetzschler, Inc. NC$15.0M · 0.27%
Wright of Thomasville, Inc. NC$14.9M · 0.46%
Avgol America, Inc. NC$14.7M · 0.50%
Schunk Intec Inc. NC$14.7M · 0.01%
Scentair Technologies, Inc. NC$14.3M · 0.91%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 560895755 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.