Plan Ledger DOL Form 5500 · updated monthly

Harpak-Ulma Packaging, LLC401(k)

HARPAK-ULMA PACKAGING, LLC · TAUNTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Harpak-Ulma Packaging, LLC reported $51,174 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $4,328 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 0.52% to 0.34%. 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 among the smaller plans on file in Massachusetts (1,510th of 2,726), and the 6,815th of 13,661 in manufacturing. In 2024, employees put in $2.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,992,852
Participants with balances156
Active participants131
Employer contributions$567,016
Employee contributions$1,569,229
Employer contribution per active participant$4,328
Average account balance$102,518
Benefits paid to participants$2,012,901
Plan auditUnmodified (clean) audit opinion
AuditorG.T. REILLY & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 156 accts · $567K emplr
2023$13.9M · 153 accts · $546K emplr
2022$11.6M · 142 accts · $475K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,434
Investment management$29,740
Total administrative$51,174
The Harpak-Ulma Packaging, LLC 401(k) match · 2024
Employer contribution per active participant$4,328
Median for plans this size$2,416
2024$4,328 per active participant
2023$4,197 per active participant
2022$3,829 per active participant

Harpak-Ulma Packaging, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$29,739
ADP, INC. · Loan processing · Recordkeeping$21,434
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history3
2024$51,174 · 0.34%
2023$55,558 · 0.44%
2022$63,402 · 0.52%
Same employer
Similar plansManufacturing · Massachusetts
Syros Pharmaceuticals, Inc. MA$16.2M · 0.25%
Hazen Paper Company MA$16.1M · 0.17%
Csw, Inc. MA$16.0M · 0.41%
The Hilsinger Company MA$16.0M · 0.88%
Microline Surgical, Inc. MA$15.8M · 0.04%
Nypro Inc MA$15.7M · 0.00%
Holt and Bugbee Company MA$15.3M · 0.02%
Bradford & Bigelow, Inc. MA$15.3M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272323413 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.