Plan Ledger DOL Form 5500 · updated monthly

Jbm Packaging Company401(k)

JBM PACKAGING COMPANY RETIREMENT PLAN AND TRUST · LEBANON, OH · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

Jbm Packaging Company reported $65,019 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,204 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 3 years on file its reported administrative ratio has held roughly steady near 0.897%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,214th of 3,295), and 9,743rd of 13,661 in manufacturing. In 2024, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,842,225
Participants with balances146
Active participants128
Employer contributions$282,110
Employee contributions$644,861
Employer contribution per active participant$2,204
Average account balance$53,714
Benefits paid to participants$452,339
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 146 accts · $282K emplr
2023$6.7M · 161 accts · $275K emplr
2022$5.7M · 153 accts · $240K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,096
Investment management$61,923
Total administrative$65,019
The Jbm Packaging Company 401(k) match · 2024
Employer contribution per active participant$2,204
Median for plans this size$1,313
2024$2,204 per active participant
2023$2,052 per active participant
2022$1,808 per active participant

Jbm Packaging Company's 2024 employer contribution ran above the $1,313 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
MARINER WEALTH ADVISORS, LLC · Investment advisory (plan)$35,690
CLARK SCHAEFER HACKETT & CO. · Contract administrator$1,260

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$65,019 · 0.90%
2023$55,803 · 0.90%
2022$56,490 · 0.90%
Same employer
Similar plansManufacturing · Ohio
Zimmer Surgical, Inc. OH$8.0M · 0.02%
Foam Seal, Inc. OH$7.9M · 0.66%
A&P Tool, Inc. OH$7.9M · 0.69%
Ada Technologies, Inc. OH$7.8M · 0.70%
Winzeler Stamping Company OH$7.8M · 0.33%
Fabriweld Corporation OH$7.6M · 0.75%
Woodsage LLC OH$7.6M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311277407 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.