Plan Ledger DOL Form 5500 · updated monthly

Dominion Packaging, Inc.401(k)

DOMINION PACKAGING, INC. 401(K) PLAN · SANDSTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Dominion Packaging, Inc. reported $38,073 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,697 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 1.21% to 0.87%. 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 Virginia (1,841st of 2,266), and 11,239th of 13,661 in manufacturing. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,943,986
Participants with balances227
Active participants199
Employer contributions$337,778
Employee contributions$635,099
Employer contribution per active participant$1,697
Average account balance$21,780
Benefits paid to participants$246,979
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 227 accts · $338K emplr
2023$3.8M · 183 accts · $239K emplr
2022$3.1M · 216 accts · $273K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,306
Investment management$16,767
Total administrative$38,073
The Dominion Packaging, Inc. 401(k) match · 2024
Employer contribution per active participant$1,697
Median for plans this size$1,313
2024$1,697 per active participant
2023$1,398 per active participant
2022$1,507 per active participant

Dominion Packaging, Inc.'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 · 20242
JOHN HANCOCK RETIREMENT PLAN SVCS · Recordkeeping · Investment management$21,743
OSAIC WEALTH INC. · Investment advisory (plan)$16,331

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

Recordkeeper by year2
2024John Hancock
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, John Hancock, Transamerica

This plan has changed recordkeepers within these filings. If you left Dominion Packaging, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$38,073 · 0.87%
2023$32,777 · 0.95%
2022$38,265 · 1.21%
Same employer
Similar plansManufacturing · Virginia
Constellis, LLC VA$5.1M · 2.97%
Tidewater Fibre Corp. VA$5.0M · 0.36%
Ngk-Locke, Inc. VA$4.7M · 0.33%
Focused Management, Inc. VA$4.7M · 0.60%
St Tissue, LLC VA$4.3M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201144537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.