Plan Ledger DOL Form 5500 · updated monthly

Union Beverage Packers LLC401(k)

UNION BEVERAGE 401(K) PLAN · HILLSIDE, NJ · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Union Beverage Packers LLC reported $27,811 in plan administrative expenses for 2024: 0.72% of average plan assets, above the peer median. Employer contributions averaged $842 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 0.99% to 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Jersey (1,929th of 2,419), and 11,503rd of 13,661 in manufacturing. In 2024, employees put in $3.85 for every $1.00 the employer contributed; active participation has shrunk from 330 to 294 since 2022.

Plan summary
Net assets, end of year$4,442,807
Participants with balances217
Active participants294
Employer contributions$247,610
Employee contributions$952,499
Employer contribution per active participant$842
Average account balance$20,474
Benefits paid to participants$383,719
Plan auditUnmodified (clean) audit opinion
AuditorMURPHY MILLER & BAGLIERI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 217 accts · $248K emplr
2023$3.2M · 227 accts · $214K emplr
2022$2.0M · 206 accts · $192K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,922
Investment management$14,889
Total administrative$27,811
The Union Beverage Packers LLC 401(k) match · 2024
Employer contribution per active participant$842
Median for plans this size$1,313
2024$842 per active participant
2023$688 per active participant
2022$583 per active participant

Union Beverage Packers LLC's 2024 employer contribution ran below 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 · 20242
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$14,889
ADP, INC. · Loan processing · Recordkeeping$12,922

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

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$27,811 · 0.72%
2023$20,167 · 0.78%
2022$16,807 · 0.99%
Same employer
Similar plansManufacturing · New Jersey
Zamperla, Inc. NJ$4.8M · 0.04%
Acf HR Services, LLC NJ$4.6M · 0.41%
Bell Container Corp. NJ$4.6M · 0.18%
Innovation Labs Inc. NJ$4.4M · 1.05%
Iwm Acquisition Corp. NJ$4.1M · 0.85%
Kalustyan Corp NJ$4.1M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260060952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.