Plan Ledger DOL Form 5500 · updated monthly

Cumberland Plastic Systems, LLC401(k)

CUMBERLAND PLASTIC SYSTEMS, LLC 401(K) PLAN · OPELIKA, AL · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Cumberland Plastic Systems, LLC reported $21,233 in plan administrative expenses for 2024: 0.66% of average plan assets, above the peer median. Employer contributions averaged $1,403 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 0.59% to 0.66%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Alabama (713th of 902), and 12,028th of 13,661 in manufacturing. In 2024, employees put in $1.41 for every $1.00 the employer contributed; active participation has grown from 138 to 169 since 2022.

Plan summary
Net assets, end of year$3,468,192
Participants with balances154
Active participants169
Employer contributions$237,064
Employee contributions$335,018
Employer contribution per active participant$1,403
Average account balance$22,521
Benefits paid to participants$452,151
Plan auditDisclaimer of opinion
AuditorHIMMELWRIGHT, HUGULEY & BOLES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 154 accts · $237K emplr
2023$3.0M · 141 accts · $215K emplr
2022$2.3M · 128 accts · $209K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,233
Total administrative$21,233
The Cumberland Plastic Systems, LLC 401(k) match · 2024
Employer contribution per active participant$1,403
Median for plans this size$1,313
2024$1,403 per active participant
2023$1,162 per active participant
2022$1,517 per active participant

Cumberland Plastic Systems, LLC's 2024 employer contribution ran above the $1,313 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 · 20243
NATIONWIDE · Recordkeeping · Insurance services$16,742
THE RETIREMENT ADVANTAGE, INC · Plan administrator$22,718
INVISTA ADVISORS · Plan administrator$17,108

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
2023Nationwide

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

Administrative cost history3
2024$21,233 · 0.66%
2023$16,420 · 0.62%
2022$13,523 · 0.59%
Same employer
Similar plansManufacturing · Alabama
Mesker Mbm LP AL$3.6M · 1.93%
R.L. Zeigler Co., Inc. AL$3.5M · 0.09%
Pha America Inc AL$3.4M · 0.72%
Colormasters, LLC AL$3.3M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 203703851 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.