Plan Ledger DOL Form 5500 · updated monthly

Ppc Flexible Packaging, LLC401(k)

PPC FLEXIBLE PACKAGING, LLC 401(K) PROFIT SHARING PLAN · BUFFALO GROVE, IL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Ppc Flexible Packaging, LLC reported $25,191 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,200 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 0.07% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,098th-largest of 3,702 plans among Illinois employers on file, and the 3,671st of 13,661 in manufacturing. In 2024, employees put in $2.83 for every $1.00 the employer contributed; active participation has grown from 636 to 926 since 2022.

Plan summary
Net assets, end of year$40,047,645
Participants with balances831
Active participants926
Employer contributions$1,111,116
Employee contributions$3,144,508
Employer contribution per active participant$1,200
Average account balance$48,192
Benefits paid to participants$5,517,791
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.0M · 831 accts · $1.1M emplr
2023$21.1M · 523 accts · $633K emplr
2022$17.6M · 537 accts · $618K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,191
Total administrative$25,191
The Ppc Flexible Packaging, LLC 401(k) match · 2024
Employer contribution per active participant$1,200
Median for plans this size$2,416
2024$1,200 per active participant
2023$1,144 per active participant
2022$972 per active participant

Ppc Flexible Packaging, LLC'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 · 20243
WELLS FARGO ADVISORS FINANCIAL NETindirect comp
WELLS FARGO CLEARING SERVICES, LLCindirect comp

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

Administrative cost history3
2024$25,191 · 0.08%
2023$15,025 · 0.08%
2022$11,875 · 0.07%
Similar plansManufacturing · Illinois
Nordex USA, Inc. IL$40.5M · 0.37%
Gonnella Baking Co. IL$40.4M · 0.24%
Rli Services, LLC IL$40.3M · 0.35%
Advancion Corporation IL$39.4M · 0.03%
Prairie Farms Dairy, Inc. IL$39.0M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362678877 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.