Plan Ledger DOL Form 5500 · updated monthly

Globus Printing & Packaging, Inc.401(k)

GLOBUS PRINTING & PACKAGING, INC. PROFIT SHARING 401(K) PLAN · MINSTER, OH · plan year 2022

Reported admin expense ratio · 2022
0.73%

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

Globus Printing & Packaging, Inc. reported $69,553 in plan administrative expenses for 2022: 0.73% of average plan assets, above the peer median. Employer contributions averaged $1,274 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 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,133rd of 3,295), and 9,397th of 13,661 in manufacturing. In 2022, employees put in $2.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,604,602
Participants with balances90
Active participants85
Employer contributions$108,324
Employee contributions$317,404
Employer contribution per active participant$1,274
Average account balance$95,607
Benefits paid to participants$893,855
Plan auditUnmodified (clean) audit opinion
AuditorMCDRATE,DELAET & COMPANY
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$26,251
Investment management$29,640
Professional / advisory$13,662
Total administrative$69,553
The Globus Printing & Packaging, Inc. 401(k) match · 2022
Employer contribution per active participant$1,274
Median for plans this size$1,114

Globus Printing & Packaging, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$69,553 · 0.73%
Similar plansManufacturing · Ohio
T. Marzetti Company OH$8.6M · 0.06%
Tfs, LTD. OH$8.6M · 0.03%
Nsi Crankshaft LLC OH$8.6M · 0.70%
Ashley F. Ward, Inc. OH$8.5M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340977035 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.