Plan Ledger DOL Form 5500 · updated monthly

Greiner Packaging Corp.401(k)

GREINER PACKAGING USA 401(K) PLAN · PITTSTON, PA · plan year 2024

Reported admin expense ratio · 2024
1.30%

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

Greiner Packaging Corp. reported $52,850 in plan administrative expenses for 2024: 1.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,532 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 1.57% to 1.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Pennsylvania (2,942nd of 3,651), and 1,497th of 2,534 in administrative & support services. In 2024, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,528,840
Participants with balances170
Active participants143
Employer contributions$362,089
Employee contributions$485,922
Employer contribution per active participant$2,532
Average account balance$26,640
Benefits paid to participants$627,678
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 170 accts · $362K emplr
2023$3.6M · 159 accts · $328K emplr
2022$2.7M · 188 accts · $329K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,030
Investment management$8,910
Total administrative$52,850
The Greiner Packaging Corp. 401(k) match · 2024
Employer contribution per active participant$2,532
Median for plans this size$1,313
2024$2,532 per active participant
2023$2,521 per active participant
2022$2,096 per active participant

Greiner Packaging Corp.'s 2024 employer contribution ran above the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$35,029
ALLIANCE WEALTH ADVISORS, LLC · Pension consulting · Investment advisory (plan)$17,808

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$52,850 · 1.30%
2023$53,568 · 1.70%
2022$40,460 · 1.57%
Same employer
Similar plansAdministrative & Support Services · Pennsylvania
Techo-Bloc Corp PA$5.1M · 0.72%
Coin Wrap, Inc. PA$4.8M · 0.24%
A. J. Blosenski, Inc. PA$4.6M · 0.91%
The Lewis Group, Inc. PA$4.1M · 0.94%
The Sargents Group PA$3.9M · 0.01%
Davis Landscape, LTD PA$3.7M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462776183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.