Plan Ledger DOL Form 5500 · updated monthly

Global Plastics, Inc.401(k)

THE GLOBAL COMPANIES 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Global Plastics, Inc. reported $44,516 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,081 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 0.56%. 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 (956th of 1,562), and 9,385th of 13,661 in manufacturing. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,631,454
Participants with balances150
Active participants269
Employer contributions$290,712
Employee contributions$610,712
Employer contribution per active participant$1,081
Average account balance$57,543
Benefits paid to participants$635,804
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 150 accts · $291K emplr
2023$7.3M · 143 accts · $293K emplr
2022$5.9M · 153 accts · $293K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,058
Investment management$41,458
Total administrative$44,516
The Global Plastics, Inc. 401(k) match · 2024
Employer contribution per active participant$1,081
Median for plans this size$1,313
2024$1,081 per active participant
2023$1,095 per active participant
2022$1,093 per active participant

Global Plastics, Inc.'s 2024 employer contribution ran below 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
SHEPHERD FINANCIAL INVEST. ADVISORY · Recordkeeping · Trustee$23,504
ADP, INC. · Recordkeeping$21,012
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, SHEPHERD FINANCIAL INVEST. ADVISORY
2023ADP, SHEPHERD FINANCIAL INVEST. ADVISORY

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Administrative cost history3
2024$44,516 · 0.56%
2023$41,124 · 0.62%
2022$33,496 · 0.57%
Same employer
Similar plansManufacturing · Indiana
Nanshan America Aat, LLC IN$9.1M · 0.14%
Exo-S US, LLC IN$9.0M · 0.35%
Techniks Holding, LLC IN$8.9M · 0.39%
D & M Tool Corporation IN$8.7M · 0.41%
Sullivan-Palatek, Inc. IN$8.4M · 0.35%
Girtz Industries Inc IN$8.4M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351862131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.