Plan Ledger DOL Form 5500 · updated monthly

Schoeneck Containers, Inc.401(k)

RADIUS PACKAGING, INC. 401 (K) PLAN · NEW BERLIN, WI · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Schoeneck Containers, Inc. reported $48,460 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $1,512 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 5 years on file its reported administrative ratio has held roughly steady near 0.54%. 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 Wisconsin (1,290th of 1,936), and 8,936th of 13,661 in manufacturing. In 2024, employees put in $3.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,706,543
Participants with balances269
Active participants235
Employer contributions$355,250
Employee contributions$1,112,900
Employer contribution per active participant$1,512
Average account balance$36,084
Benefits paid to participants$972,526
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$9.7M · 269 accts · $355K emplr
2023$8.1M · 248 accts · $250K emplr
2022$7.2M · 201 accts · $269K emplr
2020$7.1M · 239 accts · $202K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,803
Investment management$20,657
Total administrative$48,460
The Schoeneck Containers, Inc. 401(k) match · 2024
Employer contribution per active participant$1,512
Median for plans this size$1,313
2024$1,512 per active participant
2023$1,076 per active participant
2022$1,400 per active participant
2020$939 per active participant

Schoeneck Containers, Inc.'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 · 20242
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$20,657

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

Administrative cost history4
2024$48,460 · 0.54%
2023$43,929 · 0.57%
2022$54,926 · 0.69%
2020$38,852 · 0.56%
Same employer
Similar plansManufacturing · Wisconsin
Nabco Entrances, Inc. WI$9.9M · 0.46%
New Berlin Plastics, Inc. WI$9.8M · 0.55%
Wisconsin Plastics, Inc WI$9.8M · 0.47%
Rf Technologies, Inc. WI$9.7M · 0.41%
Romo, Inc. WI$9.6M · 0.35%
Viskoteepak WI$9.6M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391170261 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.