Plan Ledger DOL Form 5500 · updated monthly

Central Container Corporation401(k)

CENTRAL CONTAINER CORPORATION RETIREMENT SAVINGS PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Central Container Corporation reported $17,677 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $1,144 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 0.14% to 0.16%. 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 among the smaller plans on file in Minnesota (1,231st of 1,918), and 8,276th of 13,661 in manufacturing. In 2024, employees put in $5.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,231,000
Participants with balances131
Active participants108
Employer contributions$123,596
Employee contributions$725,356
Employer contribution per active participant$1,144
Average account balance$85,733
Benefits paid to participants$1,540,597
Plan auditUnmodified (clean) audit opinion
AuditorMAHONEY, ULBRICH, CHRISTIANSEN & RU
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 131 accts · $124K emplr
2023$10.9M · 128 accts · $121K emplr
2022$10.5M · 134 accts · $127K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,420
Investment management$14,257
Total administrative$17,677
The Central Container Corporation 401(k) match · 2024
Employer contribution per active participant$1,144
Median for plans this size$2,416
2024$1,144 per active participant
2023$1,138 per active participant
2022$1,170 per active participant

Central Container Corporation's 2024 employer contribution ran below the $2,416 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$28,872
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$14,257

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 Central Container Corporation 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$17,677 · 0.16%
2023$16,368 · 0.15%
2022$15,185 · 0.14%
Same employer
Similar plansManufacturing · Minnesota
Fey Industries, Inc. MN$11.4M · 0.32%
Halcon Furniture LLC MN$11.4M · 0.08%
Goebel Fixture Company MN$10.9M · 0.45%
Sabrosura Foods, LLC MN$10.9M · 0.69%
QA1 Precision Products Inc MN$10.9M · 0.35%
Brown & Bigelow Inc. MN$10.9M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410828014 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.