Plan Ledger DOL Form 5500 · updated monthly

Plastic Packaging Technologies, L.L.C.401(k)

PLASTIC PACKAGING TECHNOLOGIES, L.L.C. 401(K) PLAN · KANSAS CITY, KS · plan year 2023

Reported admin expense ratio · 2023
0.71%

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

Plastic Packaging Technologies, L.L.C. reported $100,116 in plan administrative expenses for 2023: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,655 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 0.66% to 0.71%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 367th-largest of 828 plans among Kansas employers on file, and 6,915th of 13,661 in manufacturing. In 2023, employees put in $2.67 for every $1.00 the employer contributed; active participation has shrunk from 416 to 340 since 2022.

Plan summary
Net assets, end of year$15,605,631
Participants with balances333
Active participants340
Employer contributions$562,862
Employee contributions$1,501,976
Employer contribution per active participant$1,655
Average account balance$46,864
Benefits paid to participants$1,421,622
Plan auditUnmodified (clean) audit opinion
AuditorMIZE CPAS INC.
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$15.6M · 333 accts · $563K emplr
2022$12.6M · 376 accts · $551K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$27,608
Investment management$50,000
Total administrative$100,116
The Plastic Packaging Technologies, L.L.C. 401(k) match · 2023
Employer contribution per active participant$1,655
Median for plans this size$2,440
2023$1,655 per active participant
2022$1,324 per active participant

Plastic Packaging Technologies, L.L.C.'s 2023 employer contribution ran below the $2,440 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.

Service providers · 20233
DEMARS PENSION CONSULTING SVCS, INC · Accounting / audit · Recordkeeping$22,508
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (participants) · Investment advisory (plan)$50,000
NATIONWIDE · Plan administrator · Other services$27,700

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

Administrative cost history3
2024Not separately reported
2023$100,116 · 0.71%
2022$85,724 · 0.66%
Same employer
Similar plansManufacturing · Kansas
Moridge Manufacturing, Inc KS$16.0M · 0.50%
Rand Graphics, Inc. KS$16.0M · 0.19%
Vornado Air, LLC KS$15.7M · 0.03%
Wescon Controls, LLC KS$15.5M · 0.61%
Vektek Employer, LLC KS$15.4M · 0.34%
Patco Products, LLC. KS$15.2M · 0.32%
Lion Nathan USA, Inc. KS$15.1M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274037334 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.