Plan Ledger DOL Form 5500 · updated monthly

Smurfit Kappa North America LLC401(k)

SMURFIT KAPPA NORTH AMERICA 401(K)/PROFIT SHARING PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Smurfit Kappa North America LLC reported $187,592 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $3,837 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 0.14% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 566th-largest of 5,688 plans among Texas employers on file, and the 1,682nd of 13,661 in manufacturing. In 2024, employees put in $1.27 for every $1.00 the employer contributed; active participation has grown from 1,076 to 1,213 since 2022.

Plan summary
Net assets, end of year$117,799,294
Participants with balances1,380
Active participants1,213
Employer contributions$4,654,015
Employee contributions$5,908,176
Employer contribution per active participant$3,837
Average account balance$85,362
Benefits paid to participants$10,469,016
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$117.8M · 1,380 accts · $4.7M emplr
2023$104.6M · 1,334 accts · $4.3M emplr
2022$93.4M · 1,253 accts · $4.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$129,154
Audit (IQPA)$35,938
Total administrative$187,592
The Smurfit Kappa North America LLC 401(k) match · 2024
Employer contribution per active participant$3,837
Median for plans this size$3,635
2024$3,837 per active participant
2023$3,936 per active participant
2022$3,849 per active participant

Smurfit Kappa North America LLC's 2024 employer contribution ran above the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$129,167
BAKER TILLY US, LLP · Accounting / audit$31,397
401K ADVISORS INC · Investment advisory (plan)$22,500

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$187,592 · 0.17%
2023$174,396 · 0.18%
2022$146,197 · 0.14%
Same employer
Similar plansManufacturing · Texas
Globitech, Incorporated TX$121.2M · 0.09%
Ruiz Food Products Dcp TX$120.7M · 0.40%
Deer Park Refining, LP TX$118.2M · 0.05%
Kaneka North America, LLC TX$114.2M · 0.16%
Houston Refining LP TX$110.1M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800227704 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.