Plan Ledger DOL Form 5500 · updated monthly

Tetra Pak, Inc.401(k)

TETRA PAK RETIREMENT SAVINGS PLAN · VERNON HILLS, IL · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Tetra Pak, Inc. reported $408,040 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $12,641 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 0.092% to 0.087%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 157th-largest of 3,702 plans among Illinois employers on file, and the 569th of 13,661 in manufacturing. In 2024, the employer put in $1.30 for every $1.00 employees contributed themselves; active participation has grown from 1,508 to 1,665 since 2022.

Plan summary
Net assets, end of year$500,157,538
Participants with balances2,070
Active participants1,665
Employer contributions$21,046,487
Employee contributions$16,232,954
Employer contribution per active participant$12,641
Average account balance$241,622
Benefits paid to participants$35,491,276
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$500.2M · 2,070 accts · $21.0M emplr
2023$437.4M · 2,037 accts · $18.4M emplr
2022$383.3M · 1,941 accts · $16.9M emplr
Administrative expenses, itemized · 2024
Investment management$98,294
Audit (IQPA)$52,677
Trustee / custodial$177,018
Total administrative$408,040
The Tetra Pak, Inc. 401(k) match · 2024
Employer contribution per active participant$12,641
Median for plans this size$4,294
2024$12,641 per active participant
2023$11,406 per active participant
2022$11,240 per active participant

Tetra Pak, Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. 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
SCHWAB RETIREMENT PLAN SERVICES · Recordkeeping · Trustee$257,071
MORGAN STANLEY · Investment management$98,294
FORVIS MAZARS LLP · Accounting / audit$52,677

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab, WILLIS TOWERS WATSON US LLC

This plan has changed recordkeepers within these filings. If you left Tetra Pak, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$408,040 · 0.09%
2023$375,305 · 0.09%
2022$382,603 · 0.09%
Same employer
Similar plansManufacturing · Illinois
Komatsu America Corp. IL$509.5M · 0.09%
Donnelley Financial, LLC IL$509.2M · 0.08%
Nouryon Chemicals LLC IL$508.7M · 0.08%
Kone Inc. IL$467.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751537534 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.