Plan Ledger DOL Form 5500 · updated monthly

Tekni-Plex, Inc.401(k)

TEKNI-PLEX, INC. 401(K) PLAN · WAYNE, PA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Tekni-Plex, Inc. reported $595,534 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,135 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 0.28% to 0.35%. 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 308th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,256th of 13,661 in manufacturing. In 2024, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$179,775,486
Participants with balances2,312
Active participants2,500
Employer contributions$5,336,728
Employee contributions$10,996,687
Employer contribution per active participant$2,135
Average account balance$77,758
Benefits paid to participants$21,321,683
Plan auditUnmodified (clean) audit opinion
AuditorROSS & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$179.8M · 2,312 accts · $5.3M emplr
2023$159.9M · 2,408 accts · $5.2M emplr
2022$128.6M · 1,981 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$595,534
Total administrative$595,534
The Tekni-Plex, Inc. 401(k) match · 2024
Employer contribution per active participant$2,135
Median for plans this size$3,635
2024$2,135 per active participant
2023$2,041 per active participant
2022$1,512 per active participant

Tekni-Plex, Inc.'s 2024 employer contribution ran below 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$415,510
MMA SECURITIES LLC · Consulting$100,147
RSM US LLP · Accounting / audit$43,837
ALAN ROSS & COMPANY, PC · Accounting / audit$36,000

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$595,534 · 0.35%
2023$416,596 · 0.29%
2022$406,064 · 0.28%
Same employer
Similar plansManufacturing · Pennsylvania
Arlanxeo USA LLC PA$187.9M · 0.06%
Monroe Energy, LLC PA$186.4M · 0.04%
Nova Chemicals, Inc. PA$180.4M · 0.01%
Gt Services LLC PA$174.5M · 0.09%
Herr Foods Inc PA$173.7M · 0.06%
Calgon Carbon Corporation PA$164.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223286312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.