Plan Ledger DOL Form 5500 · updated monthly

Kaufman Container Company401(k)

KAUFMAN CONTAINER EMPLOYEES 401(K) SAVINGS PLAN · CLEVELAND, OH · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

Kaufman Container Company reported $36,899 in plan administrative expenses for 2023: 0.17% of average plan assets, below the peer median. Employer contributions averaged $3,071 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 0.14% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,213th-largest of 3,295 plans among Ohio employers on file, and the 5,462nd of 13,661 in manufacturing. In 2023, employees put in $2.02 for every $1.00 the employer contributed; active participation has shrunk from 105 to 91 since 2022.

Plan summary
Net assets, end of year$22,724,572
Participants with balances109
Active participants91
Employer contributions$279,505
Employee contributions$564,207
Employer contribution per active participant$3,071
Average account balance$208,482
Benefits paid to participants$2,258,357
Plan auditUnmodified (clean) audit opinion
AuditorBARNES WENDLING CPAS INC
Plan history3
Yearassets · accounts · employer contribution
2024$21.1M · 105 accts · $284K emplr
2023$22.7M · 109 accts · $280K emplr
2022$20.9M · 120 accts · $254K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$36,899
Total administrative$36,899
The Kaufman Container Company 401(k) match · 2023
Employer contribution per active participant$3,071
Median for plans this size$2,440
2024$3,308 per active participant
2023$3,071 per active participant
2022$2,414 per active participant

Kaufman Container Company's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$37,007
UBS FINANCIAL SERVICES INC · Investment advisory (plan)indirect comp

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$38,161 · 0.17%
2023$36,899 · 0.17%
2022$31,554 · 0.14%
Same employer
Similar plansManufacturing · Ohio
Process Technology OH$23.4M · 0.23%
Willowwood Global, LLC OH$23.2M · 0.30%
Kirkwood Holding Inc. OH$23.1M · 0.35%
Cornerstone Wauseon, Inc. OH$22.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340324830 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.