Plan Ledger DOL Form 5500 · updated monthly

Onyx Specialty Papers, Inc.401(k)

ONYX SPECIALTY PAPERS, INC. 401(K) PLAN · SOUTH LEE, MA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Onyx Specialty Papers, Inc. reported $95,655 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2,095 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 3 years on file its reported administrative ratio has held roughly steady near 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,031st-largest of 2,726 plans among Massachusetts employers on file, and the 4,571st of 13,661 in manufacturing. In 2024, employees put in $3.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,212,766
Participants with balances230
Active participants144
Employer contributions$301,723
Employee contributions$974,227
Employer contribution per active participant$2,095
Average account balance$127,012
Benefits paid to participants$810,678
Plan auditUnmodified (clean) audit opinion
AuditorMEYERS BROTHERS KALICKA, PC
Plan history3
Yearassets · accounts · employer contribution
2024$29.2M · 230 accts · $302K emplr
2023$25.4M · 219 accts · $269K emplr
2022$22.1M · 217 accts · $272K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,655
Total administrative$95,655
The Onyx Specialty Papers, Inc. 401(k) match · 2024
Employer contribution per active participant$2,095
Median for plans this size$2,416
2024$2,095 per active participant
2023$1,950 per active participant
2022$1,918 per active participant

Onyx Specialty Papers, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$23,623
ASCENSUS HOLDINGS DBA FUTUREPLAN · Contract administrator$2,850
EQUITABLE ADVISORS LLCindirect 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$95,655 · 0.35%
2023$80,315 · 0.34%
2022$82,618 · 0.34%
Same employer
Similar plansManufacturing · Massachusetts
Locus Robotics Corp MA$30.2M · 0.03%
Kopin Corporation MA$30.2M · 0.02%
Metalor Technologies USA MA$29.8M · 0.22%
Ima North America, Inc. MA$29.7M · 0.31%
Vibram Corporation MA$29.1M · 0.36%
The L.S. Starrett Company MA$29.0M · 0.69%
Cox Engineering Company MA$29.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270973235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.