Plan Ledger DOL Form 5500 · updated monthly

Oliver Packaging, LLC401(k)

OLIVER, INC. 401(K) RETIREMENT PLAN · HAUPPAUGE, NY · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Oliver Packaging, LLC reported $178,162 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,298 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 0.29% to 0.35%. 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 1,307th-largest of 5,648 plans among New York employers on file, and the 3,007th of 13,661 in manufacturing. In 2024, employees put in $2.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,282,362
Participants with balances479
Active participants436
Employer contributions$1,002,077
Employee contributions$2,192,994
Employer contribution per active participant$2,298
Average account balance$111,237
Benefits paid to participants$5,455,291
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$53.3M · 479 accts · $1.0M emplr
2023$48.0M · 498 accts · $949K emplr
2022$35.5M · 390 accts · $945K emplr
Administrative expenses, itemized · 2024
Trustee / custodial$178,162
Total administrative$178,162
The Oliver Packaging, LLC 401(k) match · 2024
Employer contribution per active participant$2,298
Median for plans this size$3,635
2024$2,298 per active participant
2023$1,819 per active participant
2022$2,109 per active participant

Oliver Packaging, LLC's 2024 employer contribution ran below the $3,635 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 · 20243
DEFINITI LLC$14,980
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (participants)$2,207
VOYA RETIREMENT INSURANCE AND ANNUI · 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$178,162 · 0.35%
2023$116,642 · 0.28%
2022$107,700 · 0.29%
Same employer
Similar plansManufacturing · New York
The Hilliard Corporation NY$53.8M · 0.35%
L & J.G. Stickley, Inc. NY$53.4M · 0.10%
Apple Rubber Products, Inc. NY$53.3M · 0.24%
Rotork Controls, Inc. NY$51.9M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371864363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.