Plan Ledger DOL Form 5500 · updated monthly

Sullivan Paper Company, Inc.401(k)

SULLIVAN PAPER COMPANY, INC. 401(K) PLAN · WEST SPRINGFIELD, MA · plan year 2025

Reported admin expense ratio · 2025
0.03%

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

Sullivan Paper Company, Inc. reported $1,580 in plan administrative expenses for 2025: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,203 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 3 years on file its reported administrative ratio fell from 0.09% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Massachusetts (2,240th of 2,726), and 3,507th of 4,246 in wholesale trade. In 2025, employees put in $2.12 for every $1.00 the employer contributed; active participation has shrunk from 118 to 97 since 2022.

Plan summary
Net assets, end of year$5,969,495
Participants with balances117
Active participants97
Employer contributions$213,686
Employee contributions$453,017
Employer contribution per active participant$2,203
Average account balance$51,021
Benefits paid to participants$457,525
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$6.0M · 117 accts · $214K emplr
2024$5.0M · 120 accts · $215K emplr
2023$4.2M · 125 accts · $217K emplr
2022$1.7M · 132 accts · $226K emplr
The Sullivan Paper Company, Inc. 401(k) match · 2025
Employer contribution per active participant$2,203
Median for plans this size$1,464
2025$2,203 per active participant
2024$2,067 per active participant
2023$2,028 per active participant
2022$1,918 per active participant

Sullivan Paper Company, Inc.'s 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2025$1,580 · 0.03%
2024$2,050 · 0.04%
2023$2,500 · 0.09%
2022$1,340 · 0.09%
Same employer
Similar plansWholesale Trade · Massachusetts
Fresh American, LLC MA$6.8M · 0.63%
McCue Corporation MA$6.4M · 0.68%
Mid City Steel Corp. MA$6.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042143859 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.