Plan Ledger DOL Form 5500 · updated monthly

Temperpack Technologies Inc.401(k)

TEMPERPACK 401(K) PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Temperpack Technologies Inc. reported $93,905 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,620 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 0.79% to 0.96%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Virginia (1,398th of 2,266), and 2,792nd of 4,246 in wholesale trade. In 2024, employees put in $2.51 for every $1.00 the employer contributed; active participation has grown from 394 to 560 since 2022.

Plan summary
Net assets, end of year$10,984,097
Participants with balances562
Active participants560
Employer contributions$907,291
Employee contributions$2,276,612
Employer contribution per active participant$1,620
Average account balance$19,545
Benefits paid to participants$2,603,646
Plan auditUnmodified (clean) audit opinion
AuditorKEITER
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 562 accts · $907K emplr
2023$8.6M · 620 accts · $895K emplr
2022$5.2M · 438 accts · $611K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,111
Investment management$24,794
Total administrative$93,905
The Temperpack Technologies Inc. 401(k) match · 2024
Employer contribution per active participant$1,620
Median for plans this size$1,313
2024$1,620 per active participant
2023$1,649 per active participant
2022$1,550 per active participant

Temperpack Technologies Inc.'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$69,110
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$17,888
WELLTH ADVISORY SERVICES, LLC · Investment advisory (plan)$6,906

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$93,905 · 0.96%
2023$65,738 · 0.95%
2022$37,772 · 0.79%
Same employer
Similar plansWholesale Trade · Virginia
Virginia Imports, LTD. VA$12.2M · 0.53%
Rbi Corporation VA$11.2M · 0.40%
Smart Technologies Corp. VA$11.2M · 0.67%
Richmond Ford, LLC VA$9.9M · 0.44%
Hobbs & Associates, Inc. VA$8.8M · 0.03%
Infinity Global, Inc VA$8.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473197138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.