Plan Ledger DOL Form 5500 · updated monthly

Paper Machinery Corporation401(k)

PAPER MACHINERY CORPORATION 401(K) PLAN · MILWAUKEE, WI · plan year 2022

Reported admin expense ratio · 2022
0.15%

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

Paper Machinery Corporation reported $100,581 in plan administrative expenses for 2022: 0.15% of average plan assets, above the peer median. Employer contributions averaged $3,928 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 0.15% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other manufacturing employers. By assets it is the 354th-largest of 1,936 plans among Wisconsin employers on file, and the 2,731st of 13,661 in manufacturing. In 2022, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$61,636,070
Participants with balances195
Active participants226
Employer contributions$887,617
Employee contributions$1,631,872
Employer contribution per active participant$3,928
Average account balance$316,082
Benefits paid to participants$5,073,328
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.3M · 213 accts · $635K emplr
2023$61.6M · 255 accts · $745K emplr
2022$61.6M · 195 accts · $888K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$100,581
Total administrative$100,581
The Paper Machinery Corporation 401(k) match · 2022
Employer contribution per active participant$3,928
Median for plans this size$3,449
2024$4,233 per active participant
2023$3,879 per active participant
2022$3,928 per active participant

Paper Machinery Corporation's 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$128,558 · 0.23%
2023$113,189 · 0.18%
2022$100,581 · 0.15%
All plans at this employer2
PAPER MACHINERY CORPORATION 401(K) PLAN401(k)
PAPER MACHINERY HOLDING CORPORATION EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansManufacturing · Wisconsin
Zero Zone, Inc. WI$59.4M · 0.20%
Nelson Global Products Inc. WI$59.2M · 0.32%
Ttx Holdings, Inc. WI$58.3M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390839714 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.