Plan Ledger DOL Form 5500 · updated monthly

Packaging Matters, LLC401(k)

PACKAGING MATTERS, LLC 401(K) PLAN · SOUTH SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Packaging Matters, LLC reported $58,949 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $438 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 1 year on file its reported administrative ratio fell from 0.69% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (5,345th of 9,483), and 2,857th of 4,246 in wholesale trade. In 2024, employees put in $3.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,379,189
Participants with balances183
Active participants457
Employer contributions$200,356
Employee contributions$771,908
Employer contribution per active participant$438
Average account balance$56,717
Benefits paid to participants$426,931
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$10.4M · 183 accts · $200K emplr
2023$8.3M · 175 accts · $65K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,306
Investment management$34,643
Total administrative$58,949
The Packaging Matters, LLC 401(k) match · 2024
Employer contribution per active participant$438
Median for plans this size$1,313
2024$438 per active participant
2023$170 per active participant

Packaging Matters, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
JOHN HANCOCK · Recordkeeping · Investment management$24,306
RTD FINANCIAL ADVISORS, INC. · Investment advisory (participants)$34,643

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$58,949 · 0.63%
2023$51,885 · 0.69%
Same employer
Similar plansWholesale Trade · California
Pch International USA, Inc. CA$10.7M · 0.21%
Naturipe Berry Growers CA$10.4M · 0.63%
Wpg Americas, Inc. CA$10.2M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844241591 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.