Plan Ledger DOL Form 5500 · updated monthly

General Plastics Manufacturing Company401(k)

GENERAL PLASTICS MANUFACTURING COMPANY 401(K) SAVINGS PLAN · TACOMA, WA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

General Plastics Manufacturing Company reported $50,133 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $8,124 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 3 years on file its reported administrative ratio has held roughly steady near 0.174%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 533rd-largest of 1,714 plans among Washington employers on file, and the 4,525th of 13,661 in manufacturing. In 2024, employees put in $1.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,676,235
Participants with balances214
Active participants126
Employer contributions$1,023,620
Employee contributions$1,083,745
Employer contribution per active participant$8,124
Average account balance$138,674
Benefits paid to participants$3,803,762
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.7M · 214 accts · $1.0M emplr
2023$27.8M · 213 accts · $821K emplr
2022$23.3M · 205 accts · $647K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,496
Investment management$8,637
Total administrative$50,133
The General Plastics Manufacturing Company 401(k) match · 2024
Employer contribution per active participant$8,124
Median for plans this size$2,416
2024$8,124 per active participant
2023$6,619 per active participant
2022$5,440 per active participant

General Plastics Manufacturing Company's 2024 employer contribution ran above the $2,416 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,637

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$50,133 · 0.17%
2023$38,760 · 0.15%
2022$45,777 · 0.17%
Same employer
Similar plansManufacturing · Washington
Cascade Dafo, Inc WA$30.3M · 0.28%
The Neil Jones Food Company WA$29.8M · 0.10%
Alta Forest Products, LLC WA$29.3M · 0.37%
R. a. Pearson Company WA$29.3M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 910686343 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.