Plan Ledger DOL Form 5500 · updated monthly

Kendall Packaging Corporation401(k)

KENDALL PACKAGING CORPORATION 401(K) PLAN · MEQUON, WI · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Kendall Packaging Corporation reported $66,626 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,742 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 0.33%. 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 826th-largest of 1,936 plans among Wisconsin employers on file, and the 5,695th of 13,661 in manufacturing. In 2024, employees put in $3.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,287,572
Participants with balances198
Active participants166
Employer contributions$289,176
Employee contributions$921,777
Employer contribution per active participant$1,742
Average account balance$107,513
Benefits paid to participants$1,038,068
Plan auditUnmodified (clean) audit opinion
AuditorKERBER, ECK & BRAECKEL
Plan history3
Yearassets · accounts · employer contribution
2024$21.3M · 198 accts · $289K emplr
2023$18.7M · 205 accts · $72K emplr
2022$16.7M · 215 accts · $9K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,052
Investment management$44,574
Total administrative$66,626
The Kendall Packaging Corporation 401(k) match · 2024
Employer contribution per active participant$1,742
Median for plans this size$2,416
2024$1,742 per active participant
2023$428 per active participant
2022$51 per active participant

Kendall Packaging Corporation'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 · 20242
SPECTRUM INVESTMENT ADVISORS INC · Investment advisory (plan)$44,574
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$22,052

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$66,626 · 0.33%
2023$61,015 · 0.34%
2022$62,229 · 0.35%
Same employer
Similar plansManufacturing · Wisconsin
Jarp Industries, Inc. WI$21.5M · 0.33%
Kdv Label, LLC WI$21.5M · 0.30%
McMillan Electric Company WI$21.4M · 0.04%
Kewaunee Fabrications LLC WI$21.3M · 0.07%
S&S Cycle, Inc. WI$21.0M · 0.26%
Oem Fabricators, Inc. WI$20.9M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391542665 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.