Plan Ledger DOL Form 5500 · updated monthly

Nd Paper Inc.401(k)

ND PAPER 401(K) SAVINGS PLAN · OAK BROOK, IL · plan year 2023

Reported admin expense ratio · 2023
0.10%

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

Nd Paper Inc. reported $128,356 in plan administrative expenses for 2023: 0.10% of average plan assets, below the peer median. Employer contributions averaged $6,457 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 rose from 0.09% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 459th-largest of 3,702 plans among Illinois employers on file, and the 1,550th of 13,661 in manufacturing. In 2023, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$131,663,344
Participants with balances976
Active participants798
Employer contributions$5,152,296
Employee contributions$6,586,127
Employer contribution per active participant$6,457
Average account balance$134,901
Benefits paid to participants$19,608,749
Plan auditUnmodified (clean) audit opinion
AuditorBRIXEY AND MEYER
Plan history3
Yearassets · accounts · employer contribution
2024$131.2M · 785 accts · $4.4M emplr
2023$131.7M · 976 accts · $5.2M emplr
2022$121.9M · 935 accts · $4.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$88,898
Investment management$39,458
Total administrative$128,356
The Nd Paper Inc. 401(k) match · 2023
Employer contribution per active participant$6,457
Median for plans this size$3,659
2024$7,552 per active participant
2023$6,457 per active participant
2022$6,174 per active participant

Nd Paper Inc.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$88,898
MESIROW FINANCIAL INVESTMENT MANAGE · Investment advisory (participants) · Investment advisory (plan)$39,458
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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
2024$139,299 · 0.11%
2023$128,356 · 0.10%
2022$124,906 · 0.09%
All plans at this employer2
ND PAPER RETIREMENT PLAN401(k)
ND PAPER 401(K) SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Illinois
Barry Callebaut USA IL$134.5M · 0.20%
Dometic Corporation IL$134.3M · 0.17%
Mondi U.S. Holdings LLC IL$133.9M · 0.13%
Ideal Industries, Inc. IL$133.5M · 0.12%
U.S. Tsubaki Holdings, Inc. IL$129.1M · 0.15%
Upm-Kymmene, Inc. IL$128.6M · 0.02%
Carl Buddig and Company IL$123.5M · 0.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 472267105 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.