Plan Ledger DOL Form 5500 · updated monthly

New Berlin Plastics, Inc.401(k)

NEW BERLIN PLASTICS 401(K) PLAN · NEW BERLIN, WI · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

New Berlin Plastics, Inc. reported $49,733 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $1,825 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 0.42% to 0.55%. 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 Wisconsin (1,287th of 1,936), and 8,889th of 13,661 in manufacturing. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has grown from 122 to 150 since 2022.

Plan summary
Net assets, end of year$9,791,550
Participants with balances154
Active participants150
Employer contributions$273,766
Employee contributions$661,845
Employer contribution per active participant$1,825
Average account balance$63,581
Benefits paid to participants$459,697
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 154 accts · $274K emplr
2023$8.3M · 144 accts · $235K emplr
2022$6.9M · 134 accts · $222K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,733
Total administrative$49,733
The New Berlin Plastics, Inc. 401(k) match · 2024
Employer contribution per active participant$1,825
Median for plans this size$1,313
2024$1,825 per active participant
2023$1,547 per active participant
2022$1,823 per active participant

New Berlin Plastics, 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 · 20245
NEW BERLIN PLASTICS$10,000
BLUE CHIP RETIREMENT PLANS, INC$3,525
WOODBURY FINANCIAL SERVICEDSindirect comp
OSAIC WEALTH INCindirect 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$49,733 · 0.55%
2023$42,867 · 0.56%
2022$31,787 · 0.42%
Same employer
Similar plansManufacturing · Wisconsin
Prestwick Group, Inc. WI$9.9M · 0.65%
Nabco Entrances, Inc. WI$9.9M · 0.46%
Wisconsin Plastics, Inc WI$9.8M · 0.47%
Rf Technologies, Inc. WI$9.7M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391217448 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.