Plan Ledger DOL Form 5500 · updated monthly

Sharp Packaging Services LLC401(k)

SHARP PACKAGING SERVICES LLC 401(K) SAVINGS PLAN · ALLENTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Sharp Packaging Services LLC reported $46,769 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $1,276 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 rose from 0.03% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 641st-largest of 3,651 plans among Pennsylvania employers on file, and the 234th of 2,534 in administrative & support services. In 2024, employees put in $3.03 for every $1.00 the employer contributed; active participation has grown from 551 to 1,190 since 2022.

Plan summary
Net assets, end of year$67,808,321
Participants with balances749
Active participants1,190
Employer contributions$1,518,613
Employee contributions$4,601,749
Employer contribution per active participant$1,276
Average account balance$90,532
Benefits paid to participants$13,732,761
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$67.8M · 749 accts · $1.5M emplr
2023$66.9M · 666 accts · $1.3M emplr
2022$55.6M · 646 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,769
Total administrative$46,769
The Sharp Packaging Services LLC 401(k) match · 2024
Employer contribution per active participant$1,276
Median for plans this size$3,635
2024$1,276 per active participant
2023$2,270 per active participant
2022$2,105 per active participant

Sharp Packaging Services LLC's 2024 employer contribution ran below the $3,635 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$34,473
VANGUARD ADVISERS INC. · Investment advisory (participants)$10,731
CHARLES SCHWAB & CO, INC. · Securities brokerage$2

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

Recordkeeper by year2
2024Transamerica
2023Vanguard

This plan has changed recordkeepers within these filings. If you left Sharp Packaging Services LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$46,769 · 0.07%
2023$20,160 · 0.03%
2022$18,258 · 0.03%
Same employer
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Image First Holdings, LLC PA$66.9M · 0.74%
Medrisk, LLC PA$51.8M · 0.50%
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H.L. Yoh Company LLC PA$43.9M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231989163 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.