Plan Ledger DOL Form 5500 · updated monthly

K-1 Packaging Group401(k)

K-1 PACKAGING GROUP 401(K) PROFIT SHARING PLAN · CITY OF INDUSTRY, CA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

K-1 Packaging Group reported $63,766 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,876 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 0.24% to 0.30%. 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 3,313th-largest of 9,483 plans among California employers on file, and the 5,450th of 13,661 in manufacturing. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,795,241
Participants with balances192
Active participants214
Employer contributions$401,540
Employee contributions$943,264
Employer contribution per active participant$1,876
Average account balance$118,725
Benefits paid to participants$2,340,391
Plan auditUnmodified (clean) audit opinion
AuditorDAVID L BUCK CPA
Plan history3
Yearassets · accounts · employer contribution
2024$22.8M · 192 accts · $402K emplr
2023$19.8M · 195 accts · $360K emplr
2022$17.0M · 186 accts · $413K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,327
Investment management$54,439
Total administrative$63,766
The K-1 Packaging Group 401(k) match · 2024
Employer contribution per active participant$1,876
Median for plans this size$2,416
2024$1,876 per active participant
2023$1,866 per active participant
2022$2,108 per active participant

K-1 Packaging Group'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 · 20243
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$38,820
ACCELERATE INVESTMENT ADVISORS LLC · Recordkeeping · Pension consulting$15,619
ADP, INC. · Loan processing · Recordkeeping$9,327

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

Recordkeeper by year2
2024ACCELERATE INVESTMENT ADVISORS LLC, ADP, Morgan Stanley
2023ADP, Morgan Stanley

This plan has changed recordkeepers within these filings. If you left K-1 Packaging Group before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$63,766 · 0.30%
2023$54,950 · 0.30%
2022$43,249 · 0.24%
Same employer
Similar plansManufacturing · California
The Upper Deck Company CA$22.9M · 0.38%
Rcp Block & Brick, Inc. CA$22.9M · 0.12%
Pct Enterprises, Inc. CA$22.8M · 0.19%
Q-Tech Corporation CA$22.7M · 0.32%
The Hess Collection Winery CA$22.7M · 0.21%
Megamex Foods LLC CA$22.5M · 0.27%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 954527735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.