Plan Ledger DOL Form 5500 · updated monthly

UN1F1ED2 Global Packaging Group401(k)

UN1F1ED2 GLOBAL PACKAGING GROUP 401K PSP AND TRUST · SUTTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

UN1F1ED2 Global Packaging Group reported $13,675 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $928 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 0.03% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 842nd-largest of 2,726 plans among Massachusetts employers on file, and the 461st of 2,677 in transportation & warehousing. In 2024, employees put in $2.43 for every $1.00 the employer contributed; active participation has grown from 788 to 1,031 since 2022.

Plan summary
Net assets, end of year$38,682,347
Participants with balances470
Active participants1,031
Employer contributions$956,598
Employee contributions$2,323,268
Employer contribution per active participant$928
Average account balance$82,303
Benefits paid to participants$1,679,341
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.7M · 470 accts · $957K emplr
2023$32.3M · 394 accts · $891K emplr
2022$26.4M · 334 accts · $792K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,125
Total administrative$13,675
The UN1F1ED2 Global Packaging Group 401(k) match · 2024
Employer contribution per active participant$928
Median for plans this size$2,416
2024$928 per active participant
2023$1,011 per active participant
2022$1,005 per active participant

UN1F1ED2 Global Packaging Group'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 · 20242
COMMONWEALTH EQUITY SERVICESindirect 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$13,675 · 0.04%
2023$8,650 · 0.03%
2022$7,000 · 0.03%
Similar plansTransportation & Warehousing · Massachusetts
Access Cig MA$66.6M · 0.37%
Cape Air/Nantucket Airlines MA$34.9M · 0.24%
Tri State Truck Center, LLC MA$32.7M · 0.29%
Lily Transportation Corp. MA$31.1M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844786426 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.