Plan Ledger DOL Form 5500 · updated monthly

Pro-Pak Industries, Inc.401(k)

PRO-PAK INDUSTRIES & BRYAN PACKAGING RETIREMENT PLAN · MAUMEE, OH · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Pro-Pak Industries, Inc. reported $38,924 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $1,253 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 3 years on file its reported administrative ratio has held roughly steady near 0.44%. 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 Ohio (2,031st of 3,295), and 9,003rd of 13,661 in manufacturing. In 2024, employees put in $3.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,525,371
Participants with balances159
Active participants171
Employer contributions$214,220
Employee contributions$681,623
Employer contribution per active participant$1,253
Average account balance$59,908
Benefits paid to participants$859,860
Plan auditUnmodified (clean) audit opinion
AuditorMIRA + KOLENA LTD
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 159 accts · $214K emplr
2023$8.2M · 163 accts · $195K emplr
2022$7.6M · 165 accts · $176K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,969
Investment management$22,305
Audit (IQPA)$13,650
Total administrative$38,924
The Pro-Pak Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,253
Median for plans this size$1,313
2024$1,253 per active participant
2023$1,069 per active participant
2022$960 per active participant

Pro-Pak Industries, Inc.'s 2024 employer contribution ran below 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 · 20242
OSAIC WEALTH INC · Investment advisory (plan)$22,305
MIRA + KOLENA LTD · Accounting / audit$13,650

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$38,924 · 0.44%
2023$36,865 · 0.47%
2022$37,890 · 0.45%
Same employer
Similar plansManufacturing · Ohio
Workstream, Inc. OH$9.7M · 0.69%
Dimex, LLC OH$9.4M · 0.41%
Imco Carbide Tools, Inc. OH$9.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340904826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.