Plan Ledger DOL Form 5500 · updated monthly

Star Plastics Manufacturing Gorup LLC401(k)

STAR PLASTICS MANUFACTURING GROUP LLC 401(K) PLAN · MILLWOOD, WV · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Star Plastics Manufacturing Gorup LLC reported $20,826 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $2,215 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 0.04% to 0.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in West Virginia (149th of 265), and 9,367th of 13,661 in manufacturing. In 2024, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,680,231
Participants with balances178
Active participants148
Employer contributions$327,746
Employee contributions$581,677
Employer contribution per active participant$2,215
Average account balance$48,765
Benefits paid to participants$739,664
Plan auditUnmodified (clean) audit opinion
AuditorBROWN, EDWARDS & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 178 accts · $328K emplr
2023$7.6M · 179 accts · $230K emplr
2022$6.1M · 168 accts · $189K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,826
Total administrative$20,826
The Star Plastics Manufacturing Gorup LLC 401(k) match · 2024
Employer contribution per active participant$2,215
Median for plans this size$1,313
2024$2,215 per active participant
2023$1,576 per active participant
2022$1,168 per active participant

Star Plastics Manufacturing Gorup LLC'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 · 20242
CAPITAL GROUP RETIREMENT PLAN SERV$21,783
LPL FINANCIAL, LLC · Investment advisory (plan)$18,459

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$20,826 · 0.26%
2023$2,366 · 0.03%
2022$2,510 · 0.04%
Same employer
Similar plansManufacturing · West Virginia
Dalb, Inc. WV$12.5M · 0.62%
Champion Industries, Inc. WV$10.1M · 0.01%
Amsted Graphite Materials WV$8.5M · 0.45%
Apg Polytech, LLC WV$7.4M · 0.10%
Parkline, Inc. WV$6.9M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871960638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.