Plastic Products Company, Inc.ESOP
PLASTIC PRODUCTS COMPANY, INC EMPLOYEE STOCK OWNERSHIP PLAN & TRUST · LINDSTROM, MN · plan year 2023
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Plastic Products Company, Inc. reported $17,645 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,554 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 rose from 0.025% to 0.029%. 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 358th-largest of 1,918 plans among Minnesota employers on file, and the 2,367th of 13,661 in manufacturing.
Plastic Products Company, Inc.'s 2023 employer contribution ran above 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 410850873 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.