Plan Ledger DOL Form 5500 · updated monthly

Schenk Packing Co., Inc.Money purchase plan

SCHENK PACKING CO., INC. MONEY PURCHASE PENSION PLAN · STANWOOD, WA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Schenk Packing Co., Inc. reported $23,176 in plan administrative expenses for 2024: 0.31% of average plan assets, below the peer median. Employer contributions averaged $1,334 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 0.39% to 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Washington (1,189th of 1,714), and 531st of 945 in agriculture, forestry & fishing.

Plan summary
Net assets, end of year$7,675,703
Participants with balances377
Active participants229
Employer contributions$305,508
Employee contributions—
Employer contribution per active participant$1,334
Average account balance$20,360
Benefits paid to participants$653,278
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 377 accts · $306K emplr
2023$7.3M · 383 accts · $322K emplr
2022$5.9M · 396 accts · $332K emplr
Administrative expenses, itemized · 2024
Investment management$22,956
Trustee / custodial$200
Total administrative$23,176
Employer contributions to the Schenk Packing Co., Inc. plan · 2024
Employer contribution per active participant$1,334
Median for plans this size$1,313
2024$1,334 per active participant
2023$1,430 per active participant
2022$1,450 per active participant

Schenk Packing Co., 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 · 20241
UBS FINANCIAL SERVICES · Investment advisory (plan) · Investment management$23,156

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$23,176 · 0.31%
2023$22,228 · 0.34%
2022$20,950 · 0.39%
Same employer
Similar plansAgriculture, Forestry & Fishing · Washington
Matson Fruit Company WA$9.6M · 0.79%
Legacy Fruit, LLC WA$8.8M · 0.47%
Gee Whiz II, LLC. WA$8.8M · 0.76%
Bleyhl Farm Service, Inc WA$8.8M · 0.38%
Mercer Ranches, Inc. WA$7.6M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910923503 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.