Plan Ledger DOL Form 5500 · updated monthly

Mm Packaging Product, Inc.401(k)

MM PACKAGING PRODUCT INC. 401(K) PROFIT SHARING PLAN · LOVELAND, CO · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Mm Packaging Product, Inc. reported $46,888 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,264 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 0.93% to 0.85%. 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 Colorado (998th of 1,461), and 10,769th of 13,661 in manufacturing. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,835,669
Participants with balances131
Active participants102
Employer contributions$230,943
Employee contributions$517,044
Employer contribution per active participant$2,264
Average account balance$44,547
Benefits paid to participants$703,131
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 131 accts · $231K emplr
2023$5.1M · 123 accts · $193K emplr
2022$4.2M · 140 accts · $235K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,691
Investment management$29,197
Total administrative$46,888
The Mm Packaging Product, Inc. 401(k) match · 2024
Employer contribution per active participant$2,264
Median for plans this size$1,313
2024$2,264 per active participant
2023$2,058 per active participant
2022$2,477 per active participant

Mm Packaging Product, Inc.'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 · 20242
RETIREMENT PLAN CONSULTANTS · Plan administrator · Recordkeeping$16,371
NEXPHASE FINANCIAL · Investment advisory (plan) · Investment advisory (participants)$29,197

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

Recordkeeper by year2
2024RETIREMENT PLAN CONSULTANTS
2023RETIREMENT PLAN CONSULTANTS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$46,888 · 0.85%
2023$42,137 · 0.90%
2022$43,829 · 0.93%
Similar plansManufacturing · Colorado
Bron Buyer, LLC CO$6.2M · 0.85%
Bron Buyer, LLC CO$6.2M · 0.85%
Amp Robotics Corporation CO$6.1M · 0.21%
Rmb Products, Inc. CO$5.8M · 0.22%
Oralabs, Inc. CO$5.4M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841354915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.