Plan Ledger DOL Form 5500 · updated monthly

Fibertech Plastics LLC401(k)

SOUTH CENTRAL INC.'S SUBSIDIARIES 401(K) PLAN · EBERFIELD, IN · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Fibertech Plastics LLC reported $34,448 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $2,579 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.

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 Indiana (1,024th of 1,562), and 9,922nd of 13,661 in manufacturing. In 2024, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,466,240
Participants with balances222
Active participants123
Employer contributions$317,209
Employee contributions$614,636
Employer contribution per active participant$2,579
Average account balance$33,632
Benefits paid to participants$233,178
Plan auditUnmodified (clean) audit opinion
AuditorKATZ, SAPPER & MILLER
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,791
Investment management$207
Total administrative$34,448
The Fibertech Plastics LLC 401(k) match · 2024
Employer contribution per active participant$2,579
Median for plans this size$1,313

Fibertech Plastics LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
GLOBAL RETIREMENT PARTNERS LLCindirect comp

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

Administrative cost history1
2024$34,448 · 0.70%
Similar plansManufacturing · Indiana
Heritage Products Inc. IN$7.5M · 0.29%
Pretzels, Inc IN$7.4M · 0.82%
Polyjohn Enterprises, LLC IN$7.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 863990540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.