Plan Ledger DOL Form 5500 · updated monthly

Bway Corporation401(k)

MAUSER PACKAGING SOLUTIONS 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Bway Corporation reported $632,537 in plan administrative expenses for 2024: 0.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,018 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 0.15% to 0.19%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 102nd-largest of 2,160 plans among Georgia employers on file, and the 743rd of 13,661 in manufacturing. In 2024, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$356,979,381
Participants with balances6,608
Active participants5,218
Employer contributions$10,528,777
Employee contributions$21,430,397
Employer contribution per active participant$2,018
Average account balance$54,022
Benefits paid to participants$45,800,430
Plan auditUnmodified (clean) audit opinion
AuditorMSTILLER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$357.0M · 6,608 accts · $10.5M emplr
2023$326.7M · 6,334 accts · $9.9M emplr
2022$282.5M · 6,524 accts · $9.7M emplr
The Bway Corporation 401(k) match · 2024
Employer contribution per active participant$2,018
Median for plans this size$4,294
2024$2,018 per active participant
2023$1,745 per active participant
2022$1,753 per active participant

Bway Corporation's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$653,397
QC CONSULTING GROUP, LLC$9,385

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$632,537 · 0.19%
2023$590,318 · 0.19%
2022$450,476 · 0.15%
All plans at this employer2
MAUSER PACKAGING SOLUTIONS 401(K) PLAN401(k)
MAUSER PACKAGING SOLUTIONS BARGAINING UNIT 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Georgia
Valmet Inc. GA$431.6M · 0.06%
Chart Industries, Inc. GA$428.3M · 0.02%
Fieldcore Service, Inc. GA$388.5M · 0.07%
The William Carter Company GA$318.0M · 0.18%
Avanos Medical, Inc. GA$310.9M · 0.10%
Kemira Water Solutions, Inc. GA$309.7M · 0.04%
Klockner Metals Corporation GA$288.7M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363624491 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.