Plan Ledger DOL Form 5500 · updated monthly

Ds Smith North America401(k)

DS SMITH NORTH AMERICA 401K PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Ds Smith North America reported $239,539 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $3,921 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 0.30% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 242nd-largest of 2,160 plans among Georgia employers on file, and the 1,625th of 13,661 in manufacturing. In 2024, employees put in $1.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$123,864,802
Participants with balances2,030
Active participants1,634
Employer contributions$6,406,225
Employee contributions$9,239,807
Employer contribution per active participant$3,921
Average account balance$61,017
Benefits paid to participants$20,963,509
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$123.9M · 2,030 accts · $6.4M emplr
2023$115.4M · 2,116 accts · $6.8M emplr
2022$98.3M · 2,101 accts · $6.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$173,505
Audit (IQPA)$25,434
Total administrative$239,539
The Ds Smith North America 401(k) match · 2024
Employer contribution per active participant$3,921
Median for plans this size$3,635
2024$3,921 per active participant
2023$4,125 per active participant
2022$3,863 per active participant

Ds Smith North America's 2024 employer contribution ran above the $3,635 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 · 20243
GREENSPRING ADVISORS LLC$40,600
CLIFTONLARSONALLEN LLP · Accounting / audit$25,434

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$239,539 · 0.20%
2023$327,513 · 0.31%
2022$315,215 · 0.30%
Same employer
Similar plansManufacturing · Georgia
Allnex USA Inc. GA$130.7M · 0.06%
Arauco North America, Inc. GA$129.0M · 0.18%
Immucor, Inc. GA$128.7M · 0.02%
Engineered Floors, LLC GA$124.3M · 0.10%
Hoshizaki USA Holdings, Inc. GA$117.0M · 0.16%
Blue Bird Voluntary Money GA$115.5M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311042663 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.