Plan Ledger DOL Form 5500 · updated monthly

Premier Packaging, LLC401(k)

PREMIER PACKAGING, LLC 401(K) PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Premier Packaging, LLC reported $7,142 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,570 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 0.02%. 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 194th-largest of 871 plans among Kentucky employers on file, and the 4,008th of 13,661 in manufacturing. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has shrunk from 958 to 814 since 2022.

Plan summary
Net assets, end of year$35,315,702
Participants with balances521
Active participants814
Employer contributions$1,278,159
Employee contributions$2,326,110
Employer contribution per active participant$1,570
Average account balance$67,784
Benefits paid to participants$4,206,264
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$35.3M · 521 accts · $1.3M emplr
2023$30.9M · 556 accts · $1.4M emplr
2022$25.6M · 559 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,142
Total administrative$7,142
The Premier Packaging, LLC 401(k) match · 2024
Employer contribution per active participant$1,570
Median for plans this size$2,416
2024$1,570 per active participant
2023$1,735 per active participant
2022$1,471 per active participant

Premier Packaging, LLC's 2024 employer contribution ran below the $2,416 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
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$7,142

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$7,142 · 0.02%
2023$9,262 · 0.03%
2022$9,484 · 0.04%
Same employer
Similar plansManufacturing · Kentucky
Krauss-Maffei Corporation KY$39.7M · 0.33%
E.D. Bullard Company KY$36.9M · 0.10%
Nasco, Inc. KY$34.9M · 0.01%
The C.W. Zumbiel Company KY$34.5M · 0.35%
Balluff, Inc. KY$34.4M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611261117 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.