Plan Ledger DOL Form 5500 · updated monthly

M&Q Packaging LLC401(k)

M&Q PACKAGING LLC 401K · LIMERICK, PA · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

M&Q Packaging LLC reported $116,624 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,647 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 fell from 0.32% 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 933rd-largest of 3,651 plans among Pennsylvania employers on file, and the 3,606th 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$41,185,839
Participants with balances433
Active participants545
Employer contributions$897,406
Employee contributions$2,107,396
Employer contribution per active participant$1,647
Average account balance$95,117
Benefits paid to participants$3,815,120
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$41.2M · 433 accts · $897K emplr
2023$36.9M · 433 accts · $848K emplr
2022$30.7M · 425 accts · $811K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,333
Investment management$62,291
Total administrative$116,624
The M&Q Packaging LLC 401(k) match · 2024
Employer contribution per active participant$1,647
Median for plans this size$2,416
2024$1,647 per active participant
2023$1,631 per active participant
2022$1,448 per active participant

M&Q Packaging LLC'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
WILMINGTON TRUST NATIONAL ASSOC · Investment advisory (plan)$62,291
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$54,333

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$116,624 · 0.30%
2023$100,946 · 0.30%
2022$107,115 · 0.32%
Same employer
Similar plansManufacturing · Pennsylvania
Weiler Corporation PA$41.8M · 0.16%
Npc Companies PA$41.5M · 0.32%
Hanover Foods Corporation PA$41.3M · 0.37%
Adhesives Research, Inc. PA$41.1M · 0.01%
Harrington Hoists, Inc. PA$41.1M · 0.27%
Iqe, Inc. PA$40.6M · 0.31%
Solesis, LLC PA$40.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232108333 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.