Plan Ledger DOL Form 5500 · updated monthly

Display Pack, Inc.401(k)

DISPLAY PACK, INC. 401(K) RETIREMENT PLAN · CEDAR SPRINGS, MI · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Display Pack, Inc. reported $51,921 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $915 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 0.50% to 0.46%. 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 among the smaller plans on file in Michigan (1,387th of 2,619), and 7,945th of 13,661 in manufacturing. In 2024, employees put in $3.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,265,020
Participants with balances163
Active participants237
Employer contributions$216,938
Employee contributions$682,987
Employer contribution per active participant$915
Average account balance$75,246
Benefits paid to participants$378,186
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 163 accts · $217K emplr
2023$10.2M · 156 accts · $207K emplr
2022$9.4M · 147 accts · $194K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,419
Investment management$27,502
Total administrative$51,921
The Display Pack, Inc. 401(k) match · 2024
Employer contribution per active participant$915
Median for plans this size$2,416
2024$915 per active participant
2023$913 per active participant
2022$857 per active participant

Display Pack, Inc.'s 2024 employer contribution ran below the $2,416 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$21,394
EMPOWER ADVISORY GROUP, LLC · Investment management$6,108

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$51,921 · 0.46%
2023$47,981 · 0.49%
2022$49,855 · 0.50%
Same employer
Similar plansManufacturing · Michigan
Suspa, Incorporated MI$12.7M · 0.02%
Rtdcorp Inc. MI$12.4M · 0.54%
Active Manufacturing, Corp. MI$12.2M · 0.47%
McNaughton & Gunn, Inc. MI$12.2M · 0.51%
Huron, Inc. MI$12.2M · 0.34%
Besse Forest Products, Inc. MI$12.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381960355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.