Plan Ledger DOL Form 5500 · updated monthly

Red Line Plastics, LLC401(k)

RED LINE PLASTICS, LLC 401(K) SAVINGS PLAN · MANITOWOC, WI · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Red Line Plastics, LLC reported $14,922 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $1,360 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 0.51% to 0.40%. 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 (1,676th of 1,936), and 11,601st of 13,661 in manufacturing. In 2024, employees put in $3.07 for every $1.00 the employer contributed; active participation has grown from 124 to 152 since 2022.

Plan summary
Net assets, end of year$4,273,834
Participants with balances173
Active participants152
Employer contributions$206,689
Employee contributions$633,875
Employer contribution per active participant$1,360
Average account balance$24,704
Benefits paid to participants$328,681
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 173 accts · $207K emplr
2023$3.2M · 173 accts · $188K emplr
2022$2.1M · 128 accts · $253K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,922
Total administrative$14,922
The Red Line Plastics, LLC 401(k) match · 2024
Employer contribution per active participant$1,360
Median for plans this size$1,313
2024$1,360 per active participant
2023$1,187 per active participant
2022$2,039 per active participant

Red Line Plastics, 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 · 20241
JPMORGAN INVEST HOLDINGS LLC$14,922

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$14,922 · 0.40%
2023$9,702 · 0.37%
2022$11,256 · 0.51%
Same employer
Similar plansManufacturing · Wisconsin
Lynn Dairy Inc. WI$4.5M · 0.25%
E97, Inc. dba ELEVATE97 WI$4.4M · 0.62%
Northern Metal Fab, Inc. WI$4.2M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812000550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.