Plan Ledger DOL Form 5500 · updated monthly

Commercial Plastics Company401(k)

COMMERCIAL PLASTICS COMPANY 401(K) & PROFIT SHARING PLAN · MUNDELEIN, IL · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Commercial Plastics Company reported $54,982 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $731 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 0.49% to 0.52%. 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 Illinois (2,304th of 3,702), and 8,333rd of 13,661 in manufacturing. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,082,801
Participants with balances278
Active participants532
Employer contributions$388,719
Employee contributions$815,206
Employer contribution per active participant$731
Average account balance$39,866
Benefits paid to participants$1,049,909
Plan auditUnmodified (clean) audit opinion
AuditorMCCULLOUGH, ROSSI & CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 278 accts · $389K emplr
2023$9.9M · 259 accts · $349K emplr
2022$7.8M · 248 accts · $82K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,636
Investment management$20,346
Total administrative$54,982
The Commercial Plastics Company 401(k) match · 2024
Employer contribution per active participant$731
Median for plans this size$2,416
2024$731 per active participant
2023$645 per active participant
2022$160 per active participant

Commercial Plastics Company'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
JOHN HANCOCK LIFE INS CO (USA) · Recordkeeping · Investment management$29,011
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (participants)$20,346

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$54,982 · 0.52%
2023$46,040 · 0.52%
2022$42,077 · 0.49%
Same employer
Similar plansManufacturing · Illinois
Continental Web Press, Inc. IL$11.3M · 0.47%
Veritas Steel IL$11.3M · 0.51%
Precision Dose, Inc. IL$11.2M · 0.56%
Union Special LLC IL$11.1M · 0.50%
Certor Sports, LLC IL$11.0M · 0.05%
Stampede Meat, Inc. IL$10.9M · 0.75%
American Louver Company IL$10.8M · 0.55%
Wise Plastics Technologies IL$10.8M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260723741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.