Plan Ledger DOL Form 5500 · updated monthly

Double H Plastics, Inc.401(k)

DOUBLE H PLASTICS, INC. 401(K) PROFIT SHARING PLAN · WARMINSTER, PA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Double H Plastics, Inc. reported $159,052 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,428 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 0.29% to 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 659th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,651st of 13,661 in manufacturing. In 2024, the employer put in $1.50 for every $1.00 employees contributed themselves; active participation has grown from 312 to 358 since 2022.

Plan summary
Net assets, end of year$63,701,575
Participants with balances438
Active participants358
Employer contributions$2,301,237
Employee contributions$1,534,806
Employer contribution per active participant$6,428
Average account balance$145,437
Benefits paid to participants$2,455,160
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$63.7M · 438 accts · $2.3M emplr
2023$55.7M · 424 accts · $2.1M emplr
2022$53.4M · 388 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,167
Investment management$58,885
Total administrative$159,052
The Double H Plastics, Inc. 401(k) match · 2024
Employer contribution per active participant$6,428
Median for plans this size$3,635
2024$6,428 per active participant
2023$6,079 per active participant
2022$6,269 per active participant

Double H Plastics, Inc.'s 2024 employer contribution ran above the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$100,167
AVENUE ONE ADVISORS · Investment advisory (plan)$58,885

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$159,052 · 0.27%
2023$157,370 · 0.29%
2022$170,521 · 0.29%
Same employer
Similar plansManufacturing · Pennsylvania
Kingsbury, Inc. PA$66.9M · 0.04%
Pfizer Pharmaceuticals LLC PA$66.9M · 0.03%
Harold Beck & Sons, Inc. PA$66.4M · 0.07%
Plastek Industries, Inc. PA$64.9M · 0.25%
D.G. Yuengling & Son, Inc. PA$63.4M · 0.14%
Just Born, Inc. PA$62.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231923686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.