Plan Ledger DOL Form 5500 · updated monthly

Korber Tissue, Inc.401(k)

KORBER TISSUE, INC. SAVINGS & RETIREMENT PLAN · GREEN BAY, WI · plan year 2023

Reported admin expense ratio · 2023
0.09%

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

Korber Tissue, Inc. reported $26,893 in plan administrative expenses for 2023: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,287 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 1 year on file its reported administrative ratio rose from 0.08% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 574th-largest of 1,936 plans among Wisconsin employers on file, and the 1,232nd of 4,246 in wholesale trade. In 2023, employees put in $1.64 for every $1.00 the employer contributed; active participation has shrunk from 102 to 90 since 2022.

Plan summary
Net assets, end of year$33,433,831
Participants with balances122
Active participants90
Employer contributions$655,861
Employee contributions$1,073,930
Employer contribution per active participant$7,287
Average account balance$274,048
Benefits paid to participants$808,918
Plan auditUnmodified (clean) audit opinion
AuditorHAWKINS ASH CPAS.LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $553K emplr
2023$33.4M · 122 accts · $656K emplr
2022$26.7M · 120 accts · $620K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,893
Total administrative$26,893
The Korber Tissue, Inc. 401(k) match · 2023
Employer contribution per active participant$7,287
Median for plans this size$2,440
2023$7,287 per active participant
2022$6,077 per active participant

Korber Tissue, Inc.'s 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top quarter of its peers. 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 · 20235
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)$11,972
CETERA ADVISOR NETWORKS LLCindirect comp
CETERA INVESTMENT ADVISERS, LLCindirect comp
LATITUDE SERVICE COMPANY,INC. · Other servicesindirect comp
BENE TRAK, INC. · Other servicesindirect 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
2024Not separately reported
2023$26,893 · 0.09%
2022$23,266 · 0.08%
Similar plansWholesale Trade · Wisconsin
Fosber America, Inc. WI$34.6M · 0.18%
Nelson-Jameson, Inc. WI$33.9M · 0.07%
Diesel Forward, Inc. WI$33.2M · 0.22%
Alpha Source LLC WI$33.1M · 0.30%
Chambers & Owen, Inc. WI$33.0M · 0.25%
Reinders, Inc. WI$30.9M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391293717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.