Plan Ledger DOL Form 5500 · updated monthly

Schutz Container Systems, Inc.401(k)

SCHUTZ CONTAINER SYSTEMS, INC. EMPLOYEE'S 401(K) RETIREMENT PLAN · NORTH BRANCH, NJ · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Schutz Container Systems, Inc. reported $109,313 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,461 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 0.31% to 0.27%. 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 658th-largest of 2,419 plans among New Jersey employers on file, and the 3,625th of 13,661 in manufacturing. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 698 to 824 since 2022.

Plan summary
Net assets, end of year$40,798,618
Participants with balances605
Active participants824
Employer contributions$1,204,115
Employee contributions$2,100,583
Employer contribution per active participant$1,461
Average account balance$67,436
Benefits paid to participants$7,001,517
Plan auditUnmodified (clean) audit opinion
AuditorROEDL LANGFORD DE KOCK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$40.8M · 605 accts · $1.2M emplr
2023$39.9M · 608 accts · $1.2M emplr
2022$33.7M · 582 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$109,313
Total administrative$109,313
The Schutz Container Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,461
Median for plans this size$2,416
2024$1,461 per active participant
2023$1,409 per active participant
2022$1,700 per active participant

Schutz Container Systems, Inc.'s 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$109,313

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$109,313 · 0.27%
2023$117,234 · 0.32%
2022$114,958 · 0.31%
Same employer
Similar plansManufacturing · New Jersey
Intest Corporation NJ$42.7M · 0.35%
Allentown LLC NJ$41.6M · 0.80%
Actega North America NJ$40.2M · 0.14%
Frazier Industrial Company NJ$40.1M · 0.02%
Micro Stamping Corporation NJ$39.9M · 0.13%
Congoleum Acquisition LLC NJ$39.0M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521669773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.