Plan Ledger DOL Form 5500 · updated monthly

Tavo Packaging, Inc.401(k)

TAVO PACKAGING, INC. 401(K) PROFIT SHARING PLAN · FAIRLESS HILLS, PA · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Tavo Packaging, Inc. reported $45,462 in plan administrative expenses for 2024: 0.80% of average plan assets, above 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 fell from 0.97% to 0.80%. 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 Pennsylvania (2,719th of 3,651), and 10,568th of 13,661 in manufacturing. In 2024, employees put in $3.13 for every $1.00 the employer contributed; active participation has grown from 106 to 145 since 2022.

Plan summary
Net assets, end of year$6,223,747
Participants with balances176
Active participants145
Employer contributions$185,002
Employee contributions$579,048
Employer contribution per active participant$1,276
Average account balance$35,362
Benefits paid to participants$439,835
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 176 accts · $185K emplr
2023$5.1M · 208 accts · $149K emplr
2022$4.3M · 152 accts · $101K emplr
Administrative expenses, itemized · 2024
Investment management$17,135
Audit (IQPA)$10,000
Total administrative$45,462
The Tavo Packaging, Inc. 401(k) match · 2024
Employer contribution per active participant$1,276
Median for plans this size$1,313
2024$1,276 per active participant
2023$1,013 per active participant
2022$956 per active participant

Tavo Packaging, Inc.'s 2024 employer contribution ran below 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 · 20243
AT RETIREMENT SERVICES, LLC · Claims processing · Recordkeeping$18,327
CREATIVE PLANNING, INC. · Investment advisory (participants) · Investment advisory (plan)$17,135
STEPHANO SLACK LLC · Accounting / audit$10,000

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

Recordkeeper by year2
2024AT RETIREMENT SERVICES, LLC
2023AT RETIREMENT SERVICES, LLC

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Administrative cost history3
2024$45,462 · 0.80%
2023$51,792 · 1.11%
2022$45,816 · 0.97%
Similar plansManufacturing · Pennsylvania
Befesa Zinc Metal LLC PA$6.4M · 0.36%
Iron Hill Brewery PA$6.3M · 1.41%
Accudyn Products, Inc. PA$6.1M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232050512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.