Plan Ledger DOL Form 5500 · updated monthly

Elkay Plastics Co., Inc.401(k)

ELKAY PLASTICS CO., INC. 401-K PROFIT SHARING PLAN · COMMERCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Elkay Plastics Co., Inc. reported $53,682 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $2,339 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 0.18% to 0.25%. 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 3,365th-largest of 9,483 plans among California employers on file, and the 1,732nd of 4,246 in wholesale trade. In 2024, employees put in $3.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,270,332
Participants with balances226
Active participants190
Employer contributions$444,432
Employee contributions$1,489,053
Employer contribution per active participant$2,339
Average account balance$98,541
Benefits paid to participants$2,612,241
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.3M · 226 accts · $444K emplr
2023$20.3M · 223 accts · $448K emplr
2022$19.1M · 229 accts · $408K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,682
Investment management$20,000
Total administrative$53,682
The Elkay Plastics Co., Inc. 401(k) match · 2024
Employer contribution per active participant$2,339
Median for plans this size$2,416
2024$2,339 per active participant
2023$2,446 per active participant
2022$2,169 per active participant

Elkay Plastics Co., Inc.'s 2024 employer contribution ran below 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 · 20243
MONARCH CORPORATE ADVISORS INC · Investment advisory (plan)$20,000
ASCENSUS HOLDINGS INC DBA FUTUREPLA · Contract administrator$4,888

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$53,682 · 0.25%
2023$45,052 · 0.23%
2022$36,905 · 0.18%
Same employer
Similar plansWholesale Trade · California
E.L.F. Cosmetics, Inc. CA$22.6M · 0.01%
Santa Cruz Bicycles, Inc. CA$22.5M · 0.32%
Idec Corporation CA$22.4M · 0.36%
Galleher LLC CA$22.3M · 0.26%
Vps Companies, Inc. CA$22.3M · 0.17%
Pacific Medical, Inc. CA$21.9M · 0.47%
Bizlink Technology, Inc. CA$21.8M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954290939 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.