Plan Ledger DOL Form 5500 · updated monthly

Premium Label & Packaging Solutions, LLC401(k)

PREMIUM LABEL & PACKAGING SOLUTIONS RETIREMENT PLAN · FAIRFIELD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Premium Label & Packaging Solutions, LLC reported $58,523 in plan administrative expenses for 2024: 0.73% of average plan assets, above the peer median. Employer contributions averaged $1,945 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 1 year on file its reported administrative ratio rose from 0.48% to 0.73%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,632nd of 2,419), and 9,505th of 13,661 in manufacturing. In 2024, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,388,481
Participants with balances164
Active participants170
Employer contributions$330,730
Employee contributions$794,762
Employer contribution per active participant$1,945
Average account balance$51,149
Benefits paid to participants$1,436,016
Plan auditUnmodified (clean) audit opinion
AuditorGREER WALKER
Plan history2
Yearassets · accounts · employer contribution
2024$8.4M · 164 accts · $331K emplr
2023$7.7M · 173 accts · $767K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,170
Investment management$6,353
Total administrative$58,523
The Premium Label & Packaging Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$1,945
Median for plans this size$1,313
2024$1,945 per active participant
2023$3,954 per active participant

Premium Label & Packaging Solutions, LLC's 2024 employer contribution ran above the $1,313 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 · 20243
UBS FINANCIAL SERVICES · Consulting$35,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,170
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,353

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

Administrative cost history2
2024$58,523 · 0.73%
2023$37,049 · 0.48%
Similar plansManufacturing · New Jersey
Polymeric Resources Corp. NJ$8.5M · 0.01%
Modern Meadow, Inc. NJ$8.4M · 0.03%
Damascus Bakery Opco, LLC NJ$8.4M · 0.71%
American Spraytech NJ$8.3M · 0.17%
Acrison Inc. NJ$8.1M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 863900233 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.