Plan Ledger DOL Form 5500 · updated monthly

Paper Machinery CorporationESOP

PAPER MACHINERY HOLDING CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN · MILWAUKEE, WI · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

Paper Machinery Corporation reported $71 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,741 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 rose from 0.000% to 0.000%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 409th-largest of 1,936 plans among Wisconsin employers on file, and the 3,090th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$51,463,109
Participants with balances261
Active participants173
Employer contributions$474,123
Employee contributions—
Employer contribution per active participant$2,741
Average account balance$197,177
Benefits paid to participants$343,280
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$5.7M · 260 accts · $667K emplr
2023$51.5M · 261 accts · $474K emplr
Employer contributions to the Paper Machinery Corporation plan · 2023
Employer contribution per active participant$2,741
Median for plans this size$3,659
2024$4,766 per active participant
2023$2,741 per active participant

Paper Machinery Corporation's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2024$91 · 0.00%
2023$71 · 0.00%
Similar plansManufacturing · Wisconsin
Cmd Corporation WI$53.3M · 0.09%
Khs USA, Inc. WI$53.3M · 0.03%
Mason Companies, Inc WI$53.1M · 0.26%
Milwaukee Valve Co., LLC WI$52.5M · 0.26%
Everbrite, LLC WI$50.4M · 0.31%
Prent Corporation WI$49.4M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812295663 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.