Plan Ledger DOL Form 5500 · updated monthly

Ronpak, Inc.401(k)

RONPAK 401K PROFIT SHARING PLAN · SHREVEPORT, LA · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Ronpak, Inc. reported $26,746 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $472 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 0.91% to 0.62%. 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 Louisiana (611th of 884), and 11,331st of 13,661 in manufacturing. In 2024, employees put in $3.10 for every $1.00 the employer contributed; active participation has grown from 322 to 446 since 2022.

Plan summary
Net assets, end of year$4,756,671
Participants with balances159
Active participants446
Employer contributions$210,675
Employee contributions$652,879
Employer contribution per active participant$472
Average account balance$29,916
Benefits paid to participants$341,374
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 159 accts · $211K emplr
2023$3.8M · 141 accts · $177K emplr
2022$2.9M · 133 accts · $161K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,339
Investment management$19,407
Total administrative$26,746
The Ronpak, Inc. 401(k) match · 2024
Employer contribution per active participant$472
Median for plans this size$1,313
2024$472 per active participant
2023$440 per active participant
2022$499 per active participant

Ronpak, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
PRINCIPLED ADVISORS, INC. · Recordkeeping · Trustee$19,406
ADP, INC. · Recordkeeping$7,338
ADP BROKER-DEALER · Other servicesindirect comp

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, PRINCIPLED ADVISORS, INC.
2023ADP, PRINCIPLED ADVISORS, INC.

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

Administrative cost history3
2024$26,746 · 0.62%
2023$17,742 · 0.53%
2022$30,159 · 0.91%
All plans at this employer2
RONPAK 401K PROFIT SHARING PLAN401(k)
RONPAK UNION EMPLOYEES 401(K) PROFIT SHARING PLAN401(k)
Similar plansManufacturing · Louisiana
Elevating Boats, LLC LA$5.8M · 0.02%
Daybrook Fisheries, Inc. LA$5.6M · 0.60%
M.A. Patout & Son, LTD. LA$5.3M · 0.41%
Custom Labels, Inc. LA$4.6M · 0.11%
Marucci Sports, LLC LA$4.4M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222596363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.