Plan Ledger DOL Form 5500 · updated monthly

Green Bay Converting Inc401(k)

GREEN BAY CONVERTING, INC. 401(K) RETIREMENT SAVINGS PLAN · HOBART, WI · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Green Bay Converting Inc reported $40,231 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $1,160 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 2 years on file its reported administrative ratio fell from 0.61% to 0.55%. 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 (1,423rd of 1,936), and 9,719th of 13,661 in manufacturing. In 2024, employees put in $2.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,909,893
Participants with balances131
Active participants189
Employer contributions$219,238
Employee contributions$562,750
Employer contribution per active participant$1,160
Average account balance$60,381
Benefits paid to participants$401,997
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 131 accts · $219K emplr
2023$6.7M · 135 accts · $323K emplr
2022$5.4M · 154 accts · $136K emplr
The Green Bay Converting Inc 401(k) match · 2024
Employer contribution per active participant$1,160
Median for plans this size$1,313
2024$1,160 per active participant
2023$1,837 per active participant
2022$792 per active participant

Green Bay Converting 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 · 20241
JOHNSON BANK · Trustee · Investment advisory (plan)$40,231

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$40,231 · 0.55%
2023$36,958 · 0.61%
2022$35,715 · 0.61%
Same employer
Similar plansManufacturing · Wisconsin
Agra Construction Co. WI$8.0M · 0.67%
Mitotec Precision WI$7.9M · 0.47%
McNally Industries, LLC WI$7.9M · 0.56%
SA Automotive, LTD. WI$7.8M · 0.87%
Wb Manufacturing, LLC WI$7.8M · 0.40%
Nasonville Dairy, Inc. WI$7.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391962292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.