Plan Ledger DOL Form 5500 · updated monthly

Proampac Holdings Inc.401(k)

PROAMPAC RETIREMENT PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Proampac Holdings Inc. reported $621,146 in plan administrative expenses for 2024: 0.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,716 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 0.17% to 0.22%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 156th-largest of 3,295 plans among Ohio employers on file, and the 853rd of 13,661 in manufacturing. In 2024, employees put in $3.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$298,613,238
Participants with balances4,428
Active participants3,957
Employer contributions$6,791,813
Employee contributions$20,362,238
Employer contribution per active participant$1,716
Average account balance$67,437
Benefits paid to participants$32,451,678
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$298.6M · 4,428 accts · $6.8M emplr
2023$268.5M · 4,456 accts · $7.0M emplr
2022$226.0M · 4,222 accts · $6.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$491,146
Investment management$130,000
Total administrative$621,146
The Proampac Holdings Inc. 401(k) match · 2024
Employer contribution per active participant$1,716
Median for plans this size$4,294
2024$1,716 per active participant
2023$1,772 per active participant
2022$1,609 per active participant

Proampac Holdings Inc.'s 2024 employer contribution ran below the $4,294 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$537,565
CREATIVE PLANNING · Investment advisory (plan)$130,000

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$621,146 · 0.22%
2023$682,808 · 0.28%
2022$400,965 · 0.17%
Same employer
Similar plansManufacturing · Ohio
Hexion Inc. OH$317.4M · 0.09%
Trico Group, LLC OH$302.9M · 0.22%
Tarkett Finance Inc. OH$286.6M · 0.17%
Vibrantz Corporation OH$253.2M · 0.06%
Gojo Industries, Inc. OH$244.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474755508 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.