Plan Ledger DOL Form 5500 · updated monthly

Spr Packaging LLC401(k)

SPR PACKAGING LLC 401(K) PLAN · ROCKWALL, TX · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Spr Packaging LLC reported $54,550 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $2,350 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 0.35% to 0.44%. 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 2,611th-largest of 5,688 plans among Texas employers on file, and 7,576th of 13,661 in manufacturing. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 256 to 341 since 2022.

Plan summary
Net assets, end of year$13,427,936
Participants with balances554
Active participants341
Employer contributions$801,386
Employee contributions$1,392,171
Employer contribution per active participant$2,350
Average account balance$24,238
Benefits paid to participants$1,525,623
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.4M · 554 accts · $801K emplr
2023$11.4M · 491 accts · $634K emplr
2022$9.3M · 426 accts · $608K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,426
Investment management$22,124
Total administrative$54,550
The Spr Packaging LLC 401(k) match · 2024
Employer contribution per active participant$2,350
Median for plans this size$2,416
2024$2,350 per active participant
2023$2,257 per active participant
2022$2,373 per active participant

Spr Packaging LLC'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
BETTERMENT FOR BUSINESS, LLC · Recordkeeping · Investment advisory (plan)$54,550

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

Recordkeeper by year2
2024Betterment
2023Betterment

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Administrative cost history3
2024$54,550 · 0.44%
2023$42,948 · 0.42%
2022$34,483 · 0.35%
Same employer
Similar plansManufacturing · Texas
Freshrealm LLC TX$13.6M · 1.15%
Concote Corporation TX$13.4M · 0.03%
Applied Concepts, Inc. TX$13.4M · 0.87%
Jm Texas Companies, LLC TX$13.0M · 0.64%
I-Corp TX$13.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471014229 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.