Plan Ledger DOL Form 5500 · updated monthly

Paperworks Industries, Inc.401(k)

PAPERWORKS INDUSTRIES, INC. SAVINGS PLAN · FORT WASHINGTON, PA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Paperworks Industries, Inc. reported $46,427 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $2,464 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 fell from 0.09% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 706th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,846th of 13,661 in manufacturing. In 2024, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$57,509,921
Participants with balances844
Active participants724
Employer contributions$1,783,720
Employee contributions$3,737,263
Employer contribution per active participant$2,464
Average account balance$68,140
Benefits paid to participants$8,301,360
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH AND BROWN
Plan history3
Yearassets · accounts · employer contribution
2024$57.5M · 844 accts · $1.8M emplr
2023$53.2M · 883 accts · $1.8M emplr
2022$43.0M · 831 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,427
Total administrative$46,427
The Paperworks Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$2,464
Median for plans this size$3,635
2024$2,464 per active participant
2023$2,406 per active participant
2022$2,429 per active participant

Paperworks Industries, Inc.'s 2024 employer contribution ran below the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$46,426
CREATIVE PLANNING, INC. · Investment advisory (plan)indirect comp
CREATIVE PLANNING, LLC · Investment advisory (participants)indirect 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$46,427 · 0.08%
2023$47,591 · 0.10%
2022$42,354 · 0.09%
All plans at this employer2
PAPERWORKS INDUSTRIES SAVINGS PLAN FOR UNION HOURLY EMPLOYEES401(k)
PAPERWORKS INDUSTRIES, INC. SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Pennsylvania
Ptc Alliance LLC PA$59.1M · 0.40%
Jep Management, Inc. PA$58.3M · 0.05%
McLanahan Corporation PA$57.4M · 0.05%
Greenleaf Corporation PA$56.6M · 0.18%
Lamtec Corporation PA$56.3M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262919931 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.