Plan Ledger DOL Form 5500 · updated monthly

Park Communications, LLC dba Millennium Print Group401(k)

MILLENNIUM PRINT GROUP RETIREMENT PLAN · RALEIGH, NC · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Park Communications, LLC dba Millennium Print Group reported $28,270 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,189 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 0.01% to 0.22%. 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 829th-largest of 2,005 plans among North Carolina employers on file, and the 6,697th of 13,661 in manufacturing. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,425,009
Participants with balances950
Active participants1,850
Employer contributions$2,199,070
Employee contributions$3,830,771
Employer contribution per active participant$1,189
Average account balance$17,289
Benefits paid to participants$2,043,039
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$16.4M · 950 accts · $2.2M emplr
2023$9.7M · 695 accts · $381K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,375
Investment management$1,895
Total administrative$28,270
The Park Communications, LLC dba Millennium Print Group 401(k) match · 2024
Employer contribution per active participant$1,189
Median for plans this size$2,416
2024$1,189 per active participant
2023$207 per active participant

Park Communications, LLC dba Millennium Print Group's 2024 employer contribution ran below the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,375

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

Administrative cost history2
2024$28,270 · 0.22%
2023$1,175 · 0.01%
Same employer
Similar plansManufacturing · North Carolina
Interroll Corporation NC$16.6M · 0.53%
Machine Specialties, Inc. NC$16.6M · 0.42%
Edwards Wood Products NC$16.5M · 0.45%
Mallard Creek Polymers, LLC NC$16.0M · 0.29%
Exela Pharma Sciences, LLC NC$15.8M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464257756 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.