Plan Ledger DOL Form 5500 · updated monthly

Toppan Merrill LLC401(k)

TOPPAN MERRILL 401(K) PLAN · ST PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Toppan Merrill LLC reported $158,269 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,771 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 0.038% to 0.036%. 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 89th-largest of 1,918 plans among Minnesota employers on file, and the 606th of 13,661 in manufacturing. In 2024, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$460,787,697
Participants with balances1,616
Active participants1,004
Employer contributions$3,786,332
Employee contributions$9,126,629
Employer contribution per active participant$3,771
Average account balance$285,141
Benefits paid to participants$47,728,608
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$460.8M · 1,616 accts · $3.8M emplr
2023$409.4M · 1,685 accts · $3.9M emplr
2022$354.0M · 1,813 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$119,840
Investment management$38,000
Total administrative$158,269
The Toppan Merrill LLC 401(k) match · 2024
Employer contribution per active participant$3,771
Median for plans this size$4,294
2024$3,771 per active participant
2023$3,926 per active participant
2022$3,546 per active participant

Toppan Merrill LLC's 2024 employer contribution ran below the $4,294 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 · 20242
ADVANCED CAPITAL GROUP · Investment advisory (plan)$38,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$158,269 · 0.04%
2023$149,328 · 0.04%
2022$156,810 · 0.04%
Same employer
Similar plansManufacturing · Minnesota
Apogee Enterprises, Inc. MN$497.1M · 0.12%
Tennant Company MN$486.4M · 0.08%
Entrust Corporation MN$471.6M · 0.05%
Ablenet, Inc. MN$454.6M
Bio-Techne Corporation MN$377.7M · 0.09%
Winnebago Industries, Inc. MN$360.9M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 831174166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.