Plan Ledger DOL Form 5500 · updated monthly

Plastic Express401(k)

PLASTIC EXPRESS 401(K) PROFIT SHARING PLAN · CITY OF INDUSTRY, CA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Plastic Express reported $39,677 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,241 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 0.43% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 4,652nd-largest of 9,483 plans among California employers on file, and the 957th of 2,677 in transportation & warehousing. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has grown from 367 to 624 since 2022.

Plan summary
Net assets, end of year$13,580,052
Participants with balances277
Active participants624
Employer contributions$774,430
Employee contributions$1,528,719
Employer contribution per active participant$1,241
Average account balance$49,025
Benefits paid to participants$743,669
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 277 accts · $774K emplr
2023$10.3M · 182 accts · $531K emplr
2022$8.0M · 35 accts · $360K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,593
Investment management$29,084
Total administrative$39,677
The Plastic Express 401(k) match · 2024
Employer contribution per active participant$1,241
Median for plans this size$2,416
2024$1,241 per active participant
2023$1,030 per active participant
2022$980 per active participant

Plastic Express'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 · 20242
PROCYON ADVISORS, LLC · Recordkeeping · Trustee$29,084
ADP, INC. · Loan processing · Recordkeeping$10,592

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

Recordkeeper by year2
2024ADP, PROCYON ADVISORS, LLC
2023ADP, PROCYON ADVISORS, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$39,677 · 0.33%
2023$2,169 · 0.02%
2022$36,538 · 0.43%
Same employer
Similar plansTransportation & Warehousing · California
Dreisbach Enterprises, Inc. CA$14.5M · 0.21%
Hecny America, Inc. CA$13.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953255467 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.