Plan Ledger DOL Form 5500 · updated monthly

General Plastics, Inc.401(k)

GENERAL PLASTICS, INC. 401(K) RETIREMENT PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

General Plastics, Inc. reported $13,895 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $2,220 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 Wisconsin (1,837th of 1,936), and 12,850th of 13,661 in manufacturing. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,944,246
Participants with balances120
Active participants54
Employer contributions$119,853
Employee contributions$166,846
Employer contribution per active participant$2,220
Average account balance$16,202
Benefits paid to participants$981,107
Plan auditUnmodified (clean) audit opinion
AuditorSIKICH COA LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,895
Total administrative$13,895
The General Plastics, Inc. 401(k) match · 2024
Employer contribution per active participant$2,220
Median for plans this size$1,313

General Plastics, 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 · 20243
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$9,609
THE RETIREMENT ADVANTAGE, INC. · Recordkeeping · Loan processing$3,875
MESIROW FINANCIAL, INC. · Investment advisory (plan)$411

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$13,895 · 0.64%
Similar plansManufacturing · Wisconsin
Acme Galvanizing,Inc. WI$2.3M · 0.47%
Amerequip Corporation WI$2.0M · 0.87%
Legacy Flexo Corp. WI$2.0M · 0.03%
Weyauwega Cheese, LLC WI$2.0M · 0.60%
Automated Products, Inc. WI$1.9M · 1.04%
Wisconic Inc. WI$1.9M · 0.37%
Lakefront Brewery, Inc. WI$1.9M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391593017 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.