Plan Ledger DOL Form 5500 · updated monthly

New-Indy Containerboard, LLC401(k)

NEW-INDY CONTAINERBOARD LLC - MILL DIVISION 401K RETIREMENT SAVINGS PLAN · ONTARIO, CA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

New-Indy Containerboard, LLC reported $190,618 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $7,273 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 0.17% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 778th-largest of 9,483 plans among California employers on file, and the 1,529th of 13,661 in manufacturing. In 2024, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$135,617,610
Participants with balances923
Active participants765
Employer contributions$5,564,175
Employee contributions$7,233,028
Employer contribution per active participant$7,273
Average account balance$146,931
Benefits paid to participants$15,445,490
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$135.6M · 923 accts · $5.6M emplr
2023$120.4M · 893 accts · $5.4M emplr
2022$100.9M · 895 accts · $5.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$130,618
Investment management$60,000
Total administrative$190,618
The New-Indy Containerboard, LLC 401(k) match · 2024
Employer contribution per active participant$7,273
Median for plans this size$3,635
2024$7,273 per active participant
2023$7,292 per active participant
2022$6,890 per active participant

New-Indy Containerboard, LLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK · Loan processing$130,618
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$60,000

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$190,618 · 0.15%
2023$176,505 · 0.16%
2022$188,938 · 0.17%
All plans at this employer2
NEW-INDY CONTAINERBOARD LLC - MILL DIVISION 401K RETIREMENT SAVINGS PLAN401(k)
NEW INDY CONTAINER BOARD PACKAGING 401(K) RETIREMENT PLAN401(k)
Same employer
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Alps Alpine CA$136.2M
Tandem Diabetes Care, Inc. CA$136.0M · 0.28%
Emcore Corporation CA$135.8M · 0.12%
The Wine Group, Inc. CA$135.6M · 0.23%
Nevro Corp. CA$133.1M · 0.08%
Pelican Products, Inc. CA$132.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611685759 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.