Plan Ledger DOL Form 5500 · updated monthly

Cope Plastics, Inc.401(k)

COPE PLASTICS, INC. PROFIT SHARING PLAN · ALTON, IL · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Cope Plastics, Inc. reported $182,991 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,659 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 0.39% to 0.44%. 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 992nd-largest of 3,702 plans among Illinois employers on file, and the 3,395th of 13,661 in manufacturing. In 2024, employees put in $2.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,952,340
Participants with balances406
Active participants339
Employer contributions$562,361
Employee contributions$1,486,929
Employer contribution per active participant$1,659
Average account balance$110,720
Benefits paid to participants$2,256,686
Plan auditUnmodified (clean) audit opinion
AuditorRICK & SHANNAHAN, CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$45.0M · 406 accts · $562K emplr
2023$38.8M · 386 accts · $552K emplr
2022$32.1M · 378 accts · $527K emplr
Administrative expenses, itemized · 2024
Investment management$182,991
Total administrative$182,991
The Cope Plastics, Inc. 401(k) match · 2024
Employer contribution per active participant$1,659
Median for plans this size$2,416
2024$1,659 per active participant
2023$1,694 per active participant
2022$1,546 per active participant

Cope Plastics, 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 · 20244
NATIONWIDE · Contract administrator · Recordkeeping$70,244
TAX FAVORED BENEFITS, INC. · Recordkeeping$15,317
TFB ADVISORS, LLC · Investment advisory (participants) · Investment advisory (plan)$85,984
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$8,599

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

Recordkeeper by year2
2024Nationwide, TAX FAVORED BENEFITS, INC.
2023Nationwide, TAX FAVORED BENEFITS, INC.

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Administrative cost history3
2024$182,991 · 0.44%
2023$148,572 · 0.42%
2022$138,637 · 0.39%
Same employer
Similar plansManufacturing · Illinois
Red Bud Industries, Inc. IL$46.7M · 0.24%
Thybar Corporation IL$46.4M · 0.01%
Martin Engineering Company IL$45.5M · 0.22%
Tuthill Corporation IL$45.4M · 0.00%
Riverbend Industries Inc. IL$44.8M · 0.42%
Watchfire Signs LLC IL$44.3M · 0.08%
A. Finkl & Sons Co. IL$44.0M · 0.24%
Terlato Wine Group, LTD. IL$43.8M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370774093 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.