Plan Ledger DOL Form 5500 · updated monthly

Nippon Dynawave Packaging Co.401(k)

NIPPON DYNAWAVE PACKAGING CO. 401(K) PLAN · LONGVIEW, WA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Nippon Dynawave Packaging Co. reported $40,507 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,270 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 0.06% to 0.05%. 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 198th-largest of 1,714 plans among Washington employers on file, and the 2,024th of 13,661 in manufacturing. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$91,514,187
Participants with balances623
Active participants514
Employer contributions$3,736,542
Employee contributions$6,738,601
Employer contribution per active participant$7,270
Average account balance$146,893
Benefits paid to participants$9,336,469
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$91.5M · 623 accts · $3.7M emplr
2023$78.4M · 636 accts · $3.7M emplr
2022$60.0M · 621 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,556
Investment management$26,951
Total administrative$40,507
The Nippon Dynawave Packaging Co. 401(k) match · 2024
Employer contribution per active participant$7,270
Median for plans this size$3,635
2024$7,270 per active participant
2023$6,872 per active participant
2022$6,376 per active participant

Nippon Dynawave Packaging Co.'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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$26,951
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,556

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$40,507 · 0.05%
2023$29,850 · 0.04%
2022$36,090 · 0.06%
Same employer
Similar plansManufacturing · Washington
Columbia Machine, Inc. WA$104.2M · 0.21%
Brooks Sports, Inc. WA$95.6M · 0.12%
Northwest Hardwoods, Inc. WA$92.2M · 0.22%
Tree Top, Inc. WA$82.5M · 0.11%
Janicki Industries, Inc. WA$82.2M · 0.23%
Agc Biologics, Inc. WA$81.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813044511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.