Plan Ledger DOL Form 5500 · updated monthly

Gpk Products, Inc.401(k)

GPK PRODUCTS, INC. CASH OR DEFERRED PROFIT SHARING TRUST · FARGO, ND · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Gpk Products, Inc. reported $38,373 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $3,060 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 0.26%. 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 136th-largest of 279 plans among North Dakota employers on file, and 6,864th of 13,661 in manufacturing. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,798,238
Participants with balances150
Active participants139
Employer contributions$425,339
Employee contributions$760,056
Employer contribution per active participant$3,060
Average account balance$105,322
Benefits paid to participants$1,036,935
Plan auditUnmodified (clean) audit opinion
AuditorWIDMER ROEL PC
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 150 accts · $425K emplr
2023$13.5M · 157 accts · $417K emplr
2022$10.8M · 156 accts · $450K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,373
Total administrative$38,373
The Gpk Products, Inc. 401(k) match · 2024
Employer contribution per active participant$3,060
Median for plans this size$2,416
2024$3,060 per active participant
2023$2,875 per active participant
2022$3,002 per active participant

Gpk Products, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
BELL BANK · Recordkeeping · Trusteeindirect 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
2024BELL BANK
2023BELL BANK

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$38,373 · 0.26%
2023$32,420 · 0.27%
2022$32,506 · 0.27%
Same employer
Similar plansManufacturing · North Dakota
Dacotah Paper Company ND$19.5M · 0.38%
Korber Pharma, Inc. ND$18.6M · 0.28%
Weisgram Metal Fab, Inc. ND$17.7M · 0.34%
Cloverdale Foods Company ND$17.1M · 0.75%
Agri-Cover, Inc. ND$15.4M · 0.35%
Western Products, Inc. ND$13.4M · 0.44%
Appareo Systems, LLC ND$10.4M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450315158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.