Plan Ledger DOL Form 5500 · updated monthly

The Papers Incorporated401(k)

THE PAPERS, INC. 401(K) RETIREMENT PLAN · MILFORD, IN · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

The Papers Incorporated reported $10,090 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $438 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 0.10% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 748th-largest of 1,562 plans among Indiana employers on file, and 7,394th of 13,661 in manufacturing. In 2024, employees put in $5.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,978,348
Participants with balances145
Active participants107
Employer contributions$46,842
Employee contributions$271,204
Employer contribution per active participant$438
Average account balance$96,402
Benefits paid to participants$790,404
Plan auditUnmodified (clean) audit opinion
AuditorDAHMS AND YARIAN CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$14.0M · 145 accts · $47K emplr
2023$12.4M · 148 accts · $46K emplr
2022$10.8M · 153 accts · $44K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,392
Investment management$398
Total administrative$10,090
The The Papers Incorporated 401(k) match · 2024
Employer contribution per active participant$438
Median for plans this size$2,416
2024$438 per active participant
2023$438 per active participant
2022$404 per active participant

The Papers Incorporated's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
DAHMS AND YARIAN$6,079
RETIREMENT PLAN CONCEPTS & SERVICES · Other services$1,770
COMMONWEALTH FINANCIAL NETWORKindirect comp

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$10,090 · 0.08%
2023$8,885 · 0.08%
2022$12,979 · 0.10%
Similar plansManufacturing · Indiana
Pmg Indiana LLC IN$14.4M · 0.02%
Dorel Juvenile Group, Inc. IN$14.3M · 0.37%
Electronics Research, Inc. IN$14.0M · 0.32%
Polygon Company IN$13.7M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351284013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.