Plan Ledger DOL Form 5500 · updated monthly

Huhtamaki Americas, Inc.401(k)

HUHTAMAKI LONG TERM SAVINGS AND INVESTMENT PLAN · DESOTO, KS · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Huhtamaki Americas, Inc. reported $344,936 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,511 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 0.15% to 0.13%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 26th-largest of 828 plans among Kansas employers on file, and the 909th of 13,661 in manufacturing. In 2024, employees put in $2.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$276,963,991
Participants with balances3,911
Active participants3,443
Employer contributions$5,201,448
Employee contributions$15,060,707
Employer contribution per active participant$1,511
Average account balance$70,817
Benefits paid to participants$28,886,912
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$277.0M · 3,911 accts · $5.2M emplr
2023$248.4M · 3,635 accts · $4.7M emplr
2022$220.9M · 3,863 accts · $4.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$275,661
Investment management$69,275
Total administrative$344,936
The Huhtamaki Americas, Inc. 401(k) match · 2024
Employer contribution per active participant$1,511
Median for plans this size$4,294
2024$1,511 per active participant
2023$1,471 per active participant
2022$1,232 per active participant

Huhtamaki Americas, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$275,661
MARINER RETIREMENT ADVISORS$69,275

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$344,936 · 0.13%
2023$358,734 · 0.15%
2022$368,111 · 0.15%
Similar plansManufacturing · Kansas
Avi Systems, Inc. KS$350.2M · 0.10%
Eversana KS$348.1M · 0.16%
Harcros Chemicals Inc. KS$288.1M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 980338708 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.