Plan Ledger DOL Form 5500 · updated monthly

Poppelmann Plastics USA, LLC401(k)

POPPELMANN PLASTICS USA, LLC 401(K) PROFIT SHARING PLAN · CLAREMONT, NC · plan year 2020

Reported admin expense ratio · 2020
0.65%

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

Poppelmann Plastics USA, LLC reported $17,536 in plan administrative expenses for 2020: 0.65% of average plan assets, above the peer median. Employer contributions averaged $1,133 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 4 years on file its reported administrative ratio has held roughly steady near 0.84%. The plan sits in the $1M–$10M size bracket, benchmarked here against 294 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,649th of 2,005), and 12,248th of 13,661 in manufacturing. In 2020, employees put in $1.62 for every $1.00 the employer contributed; active participation has shrunk from 176 to 154 since 2019.

Plan summary
Net assets, end of year$3,061,196
Participants with balances96
Active participants154
Employer contributions$174,472
Employee contributions$282,749
Employer contribution per active participant$1,133
Average account balance$31,887
Benefits paid to participants$210,755
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2022$2.9M · 88 accts · $188K emplr
2020$3.1M · 96 accts · $174K emplr
2019$2.3M · 74 accts · $143K emplr
The Poppelmann Plastics USA, LLC 401(k) match · 2020
Employer contribution per active participant$1,133
Median for plans this size$893
2022$1,175 per active participant
2020$1,133 per active participant
2019$811 per active participant

Poppelmann Plastics USA, LLC's 2020 employer contribution ran above the $893 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 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2022$26,107 · 0.84%
2020$17,536 · 0.65%
2019$16,008 · 0.83%
Same employer
Similar plansManufacturing · North Carolina
Capel, Incorporated NC$3.3M · 0.33%
Burlan Manufacturing, LLC NC$3.1M · 0.73%
Fairystone Fabrics, LLC NC$2.9M · 0.99%
Design Foundry, LLC NC$2.9M · 1.67%
Crete Solutions, LLC NC$2.9M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201798752 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.