Plan Ledger DOL Form 5500 · updated monthly

Pacific Packaging Products, Inc.DC plan

PACIFIC PACKAGING PRODUCTS 401(K) PROFIT SHARING PLAN · WILMINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Pacific Packaging Products, Inc. reported $42,626 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,185 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 0.01% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 747th-largest of 2,726 plans among Massachusetts employers on file, and the 908th of 4,246 in wholesale trade. In 2024, employees put in $2.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,601,376
Participants with balances181
Active participants144
Employer contributions$458,609
Employee contributions$1,201,417
Employer contribution per active participant$3,185
Average account balance$251,941
Benefits paid to participants$4,750,063
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.6M · 181 accts · $459K emplr
2023$43.5M · 188 accts · $453K emplr
2022$38.4M · 180 accts · $441K emplr
Administrative expenses, itemized · 2024
Investment management$42,626
Total administrative$42,626
Employer contributions to the Pacific Packaging Products, Inc. plan · 2024
Employer contribution per active participant$3,185
Median for plans this size$2,416
2024$3,185 per active participant
2023$2,940 per active participant
2022$3,040 per active participant

Pacific Packaging Products, Inc.'s 2024 employer contribution ran above 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
GALLAGHER BENEFIT SERVICES INC DBA · Investment advisory (plan)$39,730
EMPOWER ADVISORY GROUP, LLC · Investment management$189
KESTRA INVESTMENT SERVICES 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$42,626 · 0.10%
2023$1,204 · 0.00%
2022$3,578 · 0.01%
Same employer
Similar plansWholesale Trade · Massachusetts
Buckley Associates, Inc. MA$51.4M · 0.26%
Brockway-Smith Company MA$47.1M · 0.14%
Plumbers' Supply Company MA$46.1M · 0.34%
Boch Enterprises MA$42.3M · 0.30%
Lbd Parent Holdings LLC MA$37.5M · 0.36%
Burke Distributing Co. LLC MA$35.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042144846 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.