Plan Ledger DOL Form 5500 · updated monthly

Plastics Engineering Company401(k)

RETIREMENT AND SAVINGS PLAN FOR EMPLOYEES OF PLASTICS ENGINEERING COMPANY · SHEBOYGAN, WI · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Plastics Engineering Company reported $20,954 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,802 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 0.04% to 0.03%. 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 313th-largest of 1,936 plans among Wisconsin employers on file, and the 2,406th of 13,661 in manufacturing. In 2024, employees put in $1.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$72,314,513
Participants with balances390
Active participants225
Employer contributions$1,305,389
Employee contributions$1,396,054
Employer contribution per active participant$5,802
Average account balance$185,422
Benefits paid to participants$7,024,650
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$72.3M · 390 accts · $1.3M emplr
2023$68.3M · 418 accts · $1.3M emplr
2022$63.0M · 418 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,029
Investment management$8,925
Total administrative$20,954
The Plastics Engineering Company 401(k) match · 2024
Employer contribution per active participant$5,802
Median for plans this size$3,635
2024$5,802 per active participant
2023$5,591 per active participant
2022$5,634 per active participant

Plastics Engineering Company's 2024 employer contribution ran above 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 · 20241
JOHN HANCOCK · Recordkeeping$12,029

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$20,954 · 0.03%
2023$13,819 · 0.02%
2022$29,978 · 0.04%
Same employer
Similar plansManufacturing · Wisconsin
Twin Disc, Incorporated WI$74.8M · 0.03%
Wp Beverages, LLC WI$74.2M · 0.18%
Tidi Products, LLC WI$73.5M · 0.10%
Placon Corporation WI$71.8M · 0.04%
Inpro Corporation WI$71.6M · 0.27%
Bell Laboratories, Inc. WI$68.1M · 0.12%
Clasen Quality Chocolate WI$67.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873621040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.