Plan Ledger DOL Form 5500 · updated monthly

Hanchett Paper Company dba Shorr Paper Products, Inc.ESOP

SHORR PAPER PRODUCTS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · AURORA, IL · plan year 2024

Employer contribution per participant · 2024
$10,681

Hanchett Paper Company dba Shorr Paper Products, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $354,799,533 across 711 participant accounts, with employer contributions averaging $10,681 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other wholesale trade employers. By assets it is the 211th-largest of 3,702 plans among Illinois employers on file, and the 136th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$354,799,533
Participants with balances711
Active participants576
Employer contributions$6,152,189
Employee contributions—
Employer contribution per active participant$10,681
Average account balance$499,015
Benefits paid to participants$19,960,147
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$354.8M · 711 accts · $6.2M emplr
2023$270.3M · 671 accts · $5.8M emplr
2022$219.4M · 673 accts · $1.6M emplr
Employer contributions to the Hanchett Paper Company dba Shorr Paper Products, Inc. plan · 2024
Employer contribution per active participant$10,681
Median for plans this size$4,294
2024$10,681 per active participant
2023$10,748 per active participant
2022$2,858 per active participant

Hanchett Paper Company dba Shorr Paper Products, Inc.'s 2024 employer contribution ran above the $4,294 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
SHORR PACKAGING CORP. EMPLOYEES PROFIT SHARING & 401K PLAN401(k)
SHORR PAPER PRODUCTS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 362040680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.