Plan Ledger DOL Form 5500 · updated monthly

Custom Plastics, Inc.401(k)

CUSTOM PLASTICS, INC. 401(K) PLAN · ELK GROVE VILLAGE, IL · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Custom Plastics, Inc. reported $47,883 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $556 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 fell from 0.54% to 0.50%. 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 Illinois (2,401st of 3,702), and 8,888th of 13,661 in manufacturing. In 2024, employees put in $5.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,792,166
Participants with balances133
Active participants104
Employer contributions$57,777
Employee contributions$326,080
Employer contribution per active participant$556
Average account balance$73,625
Benefits paid to participants$1,351,552
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 133 accts · $58K emplr
2023$9.3M · 132 accts · $51K emplr
2022$7.7M · 132 accts · $56K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,891
Investment management$27,992
Total administrative$47,883
The Custom Plastics, Inc. 401(k) match · 2024
Employer contribution per active participant$556
Median for plans this size$1,313
2024$556 per active participant
2023$484 per active participant
2022$512 per active participant

Custom Plastics, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$22,368
ADP, INC. · Loan processing · Recordkeeping$19,890
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$47,883 · 0.50%
2023$41,637 · 0.49%
2022$48,765 · 0.54%
Same employer
Similar plansManufacturing · Illinois
Qcc, LLC IL$10.0M · 0.37%
Ace Metal Crafts Co. IL$9.8M · 0.26%
Gallagher Corporation IL$9.8M · 0.11%
Medical Murray, Inc. IL$9.8M · 0.57%
Morris Packaging IL$9.7M · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362330447 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.