Plan Ledger DOL Form 5500 · updated monthly

Rusken Packaging, Inc.401(k)

RUSKEN PACKAGING, INC. 401(K) PLAN · CULLMAN, AL · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Rusken Packaging, Inc. reported $101,360 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,203 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 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 234th-largest of 902 plans among Alabama employers on file, and the 4,713th of 13,661 in manufacturing. In 2024, employees put in $2.80 for every $1.00 the employer contributed; active participation has grown from 605 to 744 since 2022.

Plan summary
Net assets, end of year$28,171,232
Participants with balances726
Active participants744
Employer contributions$894,917
Employee contributions$2,505,383
Employer contribution per active participant$1,203
Average account balance$38,803
Benefits paid to participants$3,930,514
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$28.2M · 726 accts · $895K emplr
2023$25.7M · 712 accts · $922K emplr
2022$24.0M · 582 accts · $769K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$101,360
Total administrative$101,360
The Rusken Packaging, Inc. 401(k) match · 2024
Employer contribution per active participant$1,203
Median for plans this size$2,416
2024$1,203 per active participant
2023$1,305 per active participant
2022$1,271 per active participant

Rusken Packaging, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$6,293
BENEFIT PLANS, INC. · Contract administrator$3,900
MMLISindirect comp

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$101,360 · 0.38%
2023$128,360 · 0.52%
2022$134,169 · 0.54%
Same employer
Similar plansManufacturing · Alabama
Topre America Corporation AL$33.8M · 0.47%
Kimber Mfg., Inc. AL$31.7M · 0.39%
Wellborn Cabinet Inc. AL$31.4M · 0.14%
Tiffin Motor Homes, Inc. AL$28.4M · 0.01%
Smith Industries, Inc. AL$28.1M · 0.21%
Fastening Solutions, Inc. AL$25.2M · 0.33%
Plasman Corp. LLC AL$25.1M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630776136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.