Plan Ledger DOL Form 5500 · updated monthly

Mid-States Packaging, Inc401(k)

MID-STATES PACKAGING, INC 401(K) PLAN · AUBURN, MA · plan year 2022

Reported admin expense ratio · 2022
0.55%

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

Mid-States Packaging, Inc reported $15,335 in plan administrative expenses for 2022: 0.55% of average plan assets, above the peer median. Employer contributions averaged $442 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Massachusetts (2,516th of 2,726), and 1,985th of 2,677 in transportation & warehousing. In 2022, employees put in $4.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,726,774
Participants with balances146
Active participants177
Employer contributions$78,314
Employee contributions$337,206
Employer contribution per active participant$442
Average account balance$18,677
Benefits paid to participants$157,037
Plan auditUnmodified (clean) audit opinion
AuditorSTOWE AND DEGON LLC
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$2.7M · 146 accts · $78K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,655
Investment management$4,637
Total administrative$15,335
The Mid-States Packaging, Inc 401(k) match · 2022
Employer contribution per active participant$442
Median for plans this size$1,114

Mid-States Packaging, Inc's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$15,335 · 0.55%
Similar plansTransportation & Warehousing · Massachusetts
Braun's Express, Inc. MA$3.6M · 0.57%
Local Motion, Inc. MA$3.4M · 0.44%
Lax, LLC MA$3.0M · 0.46%
Specialized Carrier, Inc. MA$2.5M · 0.82%
Goulet Trucking, Inc. MA$2.2M · 0.93%
A Yankee Line, Inc. MA$1.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043532316 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.