Plan Ledger DOL Form 5500 · updated monthly

Harris Packaging Corporation401(k)

HARRIS PACKAGING CORPORATION 401(K) PLAN · HALTOM CITY, TX · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Harris Packaging Corporation reported $56,702 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,096 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 rose from 0.32% 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 the 2,159th-largest of 5,688 plans among Texas employers on file, and the 6,304th of 13,661 in manufacturing. In 2024, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,150,652
Participants with balances195
Active participants204
Employer contributions$427,542
Employee contributions$1,091,926
Employer contribution per active participant$2,096
Average account balance$93,080
Benefits paid to participants$700,592
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 195 accts · $428K emplr
2023$15.4M · 189 accts · $397K emplr
2022$13.6M · 165 accts · $369K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,702
Total administrative$56,702
The Harris Packaging Corporation 401(k) match · 2024
Employer contribution per active participant$2,096
Median for plans this size$2,416
2024$2,096 per active participant
2023$2,048 per active participant
2022$1,817 per active participant

Harris Packaging Corporation's 2024 employer contribution ran below 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment managementindirect comp
GALLAGHER CAPITAL ADVISORS LLC · Investment advisory (participants)$17,033

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$56,702 · 0.34%
2023$48,414 · 0.33%
2022$44,827 · 0.32%
Same employer
Similar plansManufacturing · Texas
Air Water America Inc. TX$18.1M · 0.73%
Epiroc North America Corp. TX$17.9M · 0.09%
Sparrows Offshore, LLC TX$17.9M · 0.67%
US Med-Equip, LLC TX$17.8M · 1.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751536089 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.