Plan Ledger DOL Form 5500 · updated monthly

Cascades USA Inc.401(k)

CASCADES 401(K) SAVINGS AND RETIREMENT PLAN · NIAGARA FALLS, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Cascades USA Inc. reported $218,943 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,325 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 3 years on file its reported administrative ratio has held roughly steady near 0.130%. 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 528th-largest of 5,648 plans among New York employers on file, and the 1,284th of 13,661 in manufacturing. In 2024, employees put in $2.39 for every $1.00 the employer contributed; active participation has shrunk from 2,288 to 1,783 since 2022.

Plan summary
Net assets, end of year$174,796,198
Participants with balances2,192
Active participants1,783
Employer contributions$4,145,226
Employee contributions$9,891,141
Employer contribution per active participant$2,325
Average account balance$79,743
Benefits paid to participants$24,903,233
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$174.8M · 2,192 accts · $4.1M emplr
2023$162.4M · 2,161 accts · $4.9M emplr
2022$143.6M · 2,478 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$154,895
Investment management$64,048
Total administrative$218,943
The Cascades USA Inc. 401(k) match · 2024
Employer contribution per active participant$2,325
Median for plans this size$3,635
2024$2,325 per active participant
2023$3,217 per active participant
2022$2,020 per active participant

Cascades USA Inc.'s 2024 employer contribution ran below 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$154,895
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$64,048

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$218,943 · 0.13%
2023$244,774 · 0.16%
2022$215,076 · 0.13%
All plans at this employer2
CASCADES 401(K) SAVINGS AND RETIREMENT PLAN401(k)
CASCADES UNION EMPLOYEES 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · New York
Lactalis American Group Inc. NY$202.0M · 0.05%
Chobani Global Holdings, LLC NY$195.8M · 0.06%
Avon Products, Inc. NY$195.8M · 0.15%
Daikin America, Inc NY$191.9M · 0.13%
Schott Corporation NY$172.9M · 0.09%
Icc Industries Inc. NY$169.4M · 0.02%
Kodak Alaris Inc. NY$168.4M · 0.05%
Plug Power Inc. NY$154.5M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 680592968 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.