Plan Ledger DOL Form 5500 · updated monthly

Quincy Recycle Paper Inc.401(k)

QUINCY RECYCLE PAPER INC. EMPLOYEES SAVINGS TRUST · QUINCY, IL · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Quincy Recycle Paper Inc. reported $94,231 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,967 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 0.54% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,665th-largest of 3,702 plans among Illinois employers on file, and the 595th of 2,534 in administrative & support services. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves; active participation has grown from 232 to 262 since 2022.

Plan summary
Net assets, end of year$20,711,140
Participants with balances326
Active participants262
Employer contributions$1,301,323
Employee contributions$1,279,460
Employer contribution per active participant$4,967
Average account balance$63,531
Benefits paid to participants$619,887
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.7M · 326 accts · $1.3M emplr
2023$16.4M · 298 accts · $1.2M emplr
2022$11.8M · 286 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,904
Investment management$45,327
Total administrative$94,231
The Quincy Recycle Paper Inc. 401(k) match · 2024
Employer contribution per active participant$4,967
Median for plans this size$2,416
2024$4,967 per active participant
2023$4,736 per active participant
2022$4,605 per active participant

Quincy Recycle Paper Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
ADP, INC. · Recordkeeping$48,904
WELLS FARGO · Recordkeeping · Trustee$45,327

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

Recordkeeper by year2
2024ADP, Wells Fargo
2023ADP, Wells Fargo

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$94,231 · 0.51%
2023$77,539 · 0.55%
2022$65,146 · 0.54%
Same employer
Similar plansAdministrative & Support Services · Illinois
Lakeshore Recycling Systems IL$28.2M · 0.77%
Envoy Global, Inc. IL$25.3M · 0.41%
Gee Group Inc. IL$23.4M · 0.15%
Diverzify Intermediate LLC IL$22.9M · 0.24%
Skin Cure Oncology, LLC IL$20.2M · 0.07%
Jfm Enterprises, Inc. IL$16.7M · 0.22%
American Litho, Inc. IL$16.1M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370978400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.