Plan Ledger DOL Form 5500 · updated monthly

Schaefer Plastics N. Amer., LLC.401(k)

SCHAEFER PLASTICS NORTH AMERICA, LLC 401(K) RETIREMENT PLAN · CHARLOTTE, NC · plan year 2025

Reported admin expense ratio · 2025
0.41%

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

Schaefer Plastics N. Amer., LLC. reported $62,176 in plan administrative expenses for 2025: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,460 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 4 years on file its reported administrative ratio has held roughly steady near 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 859th-largest of 2,005 plans among North Carolina employers on file, and 6,952nd of 13,661 in manufacturing. In 2025, employees put in $2.05 for every $1.00 the employer contributed; active participation has shrunk from 276 to 243 since 2022.

Plan summary
Net assets, end of year$15,492,391
Participants with balances212
Active participants243
Employer contributions$597,769
Employee contributions$1,222,751
Employer contribution per active participant$2,460
Average account balance$73,077
Benefits paid to participants$3,082,923
Plan auditUnmodified (clean) audit opinion
AuditorGREERWALKER
Plan history4
Yearassets · accounts · employer contribution
2025$15.5M · 212 accts · $598K emplr
2024$14.7M · 211 accts · $556K emplr
2023$13.1M · 210 accts · $514K emplr
2022$10.0M · 196 accts · $445K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$39,876
Investment management$22,300
Total administrative$62,176
The Schaefer Plastics N. Amer., LLC. 401(k) match · 2025
Employer contribution per active participant$2,460
Median for plans this size$2,666
2025$2,460 per active participant
2024$1,923 per active participant
2023$1,780 per active participant
2022$1,613 per active participant

Schaefer Plastics N. Amer., LLC.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
ADP, INC. · Recordkeeping · Loan processing$39,876
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$22,300

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

Recordkeeper by year3
2025ADP, Morgan Stanley
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history4
2025$62,176 · 0.41%
2024$58,531 · 0.42%
2023$46,570 · 0.40%
2022$43,116 · 0.43%
Same employer
Similar plansManufacturing · North Carolina
Mallard Creek Polymers, LLC NC$16.0M · 0.29%
Exela Pharma Sciences, LLC NC$15.8M · 0.31%
Cgr Products Inc. NC$15.3M · 0.34%
Barrday Corp. NC$15.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873531605 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.