Plan Ledger DOL Form 5500 · updated monthly

Pacific Plastics, Inc.401(k)

PACIFIC PLASTICS, INC. 401(K) PLAN · BREA, CA · plan year 2023

Reported admin expense ratio · 2023
0.13%

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

Pacific Plastics, Inc. reported $7,944 in plan administrative expenses for 2023: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,636 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 0.13% to 0.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (6,478th of 9,483), and 10,402nd of 13,661 in manufacturing. In 2023, employees put in $1.97 for every $1.00 the employer contributed; active participation has grown from 78 to 88 since 2022.

Plan summary
Net assets, end of year$6,541,001
Participants with balances154
Active participants88
Employer contributions$231,960
Employee contributions$457,026
Employer contribution per active participant$2,636
Average account balance$42,474
Benefits paid to participants$131,520
Plan auditUnmodified (clean) audit opinion
AuditorPICKETT CHEN AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 145 accts · $209K emplr
2023$6.5M · 154 accts · $232K emplr
2022$5.5M · 173 accts · $232K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,944
Total administrative$7,944
The Pacific Plastics, Inc. 401(k) match · 2023
Employer contribution per active participant$2,636
Median for plans this size$1,308
2024$1,483 per active participant
2023$2,636 per active participant
2022$2,972 per active participant

Pacific Plastics, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
UNITED OF OMAHA · Recordkeeping · Loan processingindirect comp
MUTUAL OF OMAHA · Other servicesindirect comp
STADION MONEY MANAGEMENT · Investment managementindirect 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$10,596 · 0.17%
2023$7,944 · 0.13%
2022$6,836 · 0.13%
Similar plansManufacturing · California
Pfxca LLC CA$6.8M · 0.60%
Windsor Holding Company CA$6.7M · 0.36%
Townsend Industries, Inc. CA$6.6M · 0.74%
McKenna Labs, Inc. CA$6.6M · 0.85%
Magnetika, Inc. CA$6.5M · 0.10%
Vip Rubber Company, Inc CA$6.4M · 0.15%
Win-Dor, Inc CA$6.4M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953452955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.