Plan Ledger DOL Form 5500 · updated monthly

Decopac, Inc.401(k)

DECOPAC, INC. EMPLOYEE RETIREMENT AND PROFIT SHARING PLAN AND TRUST · ANOKA, MN · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Decopac, Inc. reported $98,113 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $3,673 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 3 years on file its reported administrative ratio has held roughly steady near 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 603rd-largest of 1,918 plans among Minnesota employers on file, and the 1,119th of 4,246 in wholesale trade. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,667,938
Participants with balances438
Active participants332
Employer contributions$1,219,462
Employee contributions$1,922,895
Employer contribution per active participant$3,673
Average account balance$83,717
Benefits paid to participants$5,159,188
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.7M · 438 accts · $1.2M emplr
2023$34.6M · 419 accts · $955K emplr
2022$29.1M · 420 accts · $941K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,334
Investment management$71,779
Total administrative$98,113
The Decopac, Inc. 401(k) match · 2024
Employer contribution per active participant$3,673
Median for plans this size$2,416
2024$3,673 per active participant
2023$2,824 per active participant
2022$2,752 per active participant

Decopac, Inc.'s 2024 employer contribution ran above 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 · 20242
ABBEY STREET LLC · Investment advisory (plan)$71,770
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$26,333

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$98,113 · 0.28%
2023$85,483 · 0.27%
2022$86,299 · 0.27%
Same employer
Similar plansWholesale Trade · Minnesota
Bayer Built Woodworks, Inc. MN$48.6M · 0.03%
Nuss Truck Group Inc. MN$47.0M · 0.31%
John Henry Foster Mn, Inc. MN$34.7M · 0.33%
Lindstrom, LLC MN$34.0M · 0.29%
Uhl Company, Inc. MN$32.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411711127 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.