Plan Ledger DOL Form 5500 · updated monthly

Dade Paper & Bag, LLC401(k)

IMPERIAL DADE PUERTO RICO PROFIT SHARING AND 401(K) PLAN · JERSEY CITY, NJ · plan year 2024

Reported admin expense ratio · 2024
1.41%

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

Dade Paper & Bag, LLC reported $28,628 in plan administrative expenses for 2024: 1.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $773 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 1.00% to 1.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (2,124th of 2,419), and 4,013th of 4,246 in wholesale trade. In 2024, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,206,859
Participants with balances148
Active participants86
Employer contributions$66,518
Employee contributions$161,615
Employer contribution per active participant$773
Average account balance$14,911
Benefits paid to participants$34,824
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 148 accts · $67K emplr
2023$1.8M · 148 accts · $58K emplr
2022$1.5M · 129 accts · $51K emplr
The Dade Paper & Bag, LLC 401(k) match · 2024
Employer contribution per active participant$773
Median for plans this size$1,313
2024$773 per active participant
2023$696 per active participant
2022$584 per active participant

Dade Paper & Bag, LLC's 2024 employer contribution ran below 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 · 20246
FORVIS MAZARS, LLP · Accounting / audit$10,000
AMERITAS ADVISORY SERVICES LLC · Investment advisory (plan)$6,617
ORIENTAL BANK · Contract administrator · Trustee (directed)$6,547
EMPOWER ADVISORY GROUP, LLC · Investment management$2,122
NATIONAL PROFESSIONAL PLANNING GROU · Contract administrator$542

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

Administrative cost history3
2024$28,628 · 1.41%
2023$15,455 · 0.92%
2022$18,370 · 1.00%
Similar plansWholesale Trade · New Jersey
Durst Corporation Inc NJ$2.8M · 0.32%
Sakar International Inc. NJ$2.7M · 1.05%
Dartagnan Inc. NJ$2.3M · 0.85%
Everflow Supplies Inc NJ$2.1M · 0.86%
Roche Bobois USA LTD NJ$1.6M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590784248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.