Plan Ledger DOL Form 5500 · updated monthly

Kelly Box and Packaging, Corp.401(k)

KELLY BOX AND PACKAGING CORP. 401(K) SAVINGS PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Kelly Box and Packaging, Corp. reported $70,454 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,004 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 0.73% to 0.88%. 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 Indiana (967th of 1,562), and 9,479th of 13,661 in manufacturing. In 2024, employees put in $1.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,427,659
Participants with balances170
Active participants133
Employer contributions$266,489
Employee contributions$313,322
Employer contribution per active participant$2,004
Average account balance$49,574
Benefits paid to participants$515,590
Plan auditUnmodified (clean) audit opinion
AuditorBADEN GAGE & SCHROEDER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 170 accts · $266K emplr
2023$7.7M · 151 accts · $261K emplr
2022$7.4M · 156 accts · $301K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,481
Investment management$36,038
Audit (IQPA)$10,400
Trustee / custodial$535
Total administrative$70,454
The Kelly Box and Packaging, Corp. 401(k) match · 2024
Employer contribution per active participant$2,004
Median for plans this size$1,313
2024$2,004 per active participant
2023$1,919 per active participant
2022$2,245 per active participant

Kelly Box and Packaging, Corp.'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
KT ADMINISTRATORS, LLC · Recordkeeping · Pension consulting$21,318
SYM FINANCIAL CORPORATION · Investment advisory (participants) · Investment advisory (plan)$36,068
BADEN GAGE & SCHROEDER, LLC · Accounting / audit$10,400

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

Recordkeeper by year2
2024KT ADMINISTRATORS, LLC
2023RIVERSEDGE ADVANCED RETIREMENT SOLU

This plan has changed recordkeepers within these filings. If you left Kelly Box and Packaging, Corp. 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$70,454 · 0.88%
2023$63,320 · 0.84%
2022$57,443 · 0.73%
Same employer
Similar plansManufacturing · Indiana
Techniks Holding, LLC IN$8.9M · 0.39%
D & M Tool Corporation IN$8.7M · 0.41%
Global Plastics, Inc. IN$8.6M · 0.56%
Sullivan-Palatek, Inc. IN$8.4M · 0.35%
Girtz Industries Inc IN$8.4M · 0.65%
Hardingpoorman, Inc. IN$8.2M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350946124 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.