Plan Ledger DOL Form 5500 · updated monthly

Packsize LLC401(k)

PACKSIZE 401(K) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Packsize LLC reported $105,181 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $4,103 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 0.22% to 0.32%. 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 184th-largest of 848 plans among Utah employers on file, and the 3,856th of 13,661 in manufacturing. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 496 to 638 since 2022.

Plan summary
Net assets, end of year$37,571,492
Participants with balances734
Active participants638
Employer contributions$2,617,475
Employee contributions$4,887,389
Employer contribution per active participant$4,103
Average account balance$51,187
Benefits paid to participants$3,527,239
Plan auditUnmodified (clean) audit opinion
AuditorTANNER
Plan history3
Yearassets · accounts · employer contribution
2024$37.6M · 734 accts · $2.6M emplr
2023$27.9M · 678 accts · $2.3M emplr
2022$19.3M · 557 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,683
Investment management$54,498
Total administrative$105,181
The Packsize LLC 401(k) match · 2024
Employer contribution per active participant$4,103
Median for plans this size$2,416
2024$4,103 per active participant
2023$3,695 per active participant
2022$3,483 per active participant

Packsize LLC'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 · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$38,948
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$15,550

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$105,181 · 0.32%
2023$67,525 · 0.29%
2022$42,458 · 0.22%
Same employer
Similar plansManufacturing · Utah
Purple Innovation, LLC UT$40.4M · 0.21%
US Magnesium LLC UT$39.9M · 0.22%
Pro-Mark LLC UT$39.5M · 0.21%
Petersen, Inc. UT$37.4M · 0.51%
Traeger Pellet Grills, LLC UT$37.2M · 0.41%
Inw Manufacturing, LLC UT$33.7M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261241626 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.