Plan Ledger DOL Form 5500 · updated monthly

United States Plastic Corporation401(k)

UNITED STATES PLASTIC CORPORATION PROFIT SHARING PLAN · LIMA, OH · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

United States Plastic Corporation reported $29,110 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $2,440 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 0.22% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (2,030th of 3,295), and 2,980th of 4,246 in wholesale trade. In 2024, employees put in $1.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,544,098
Participants with balances117
Active participants124
Employer contributions$302,561
Employee contributions$367,754
Employer contribution per active participant$2,440
Average account balance$81,573
Benefits paid to participants$533,673
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 117 accts · $303K emplr
2023$8.1M · 117 accts · $306K emplr
2022$6.7M · 118 accts · $331K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,610
Investment management$14,500
Total administrative$29,110
The United States Plastic Corporation 401(k) match · 2024
Employer contribution per active participant$2,440
Median for plans this size$1,313
2024$2,440 per active participant
2023$2,373 per active participant
2022$2,420 per active participant

United States Plastic Corporation's 2024 employer contribution ran above the $1,313 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 · 20242
JPMORGAN INVEST HOLDINGS LLC$14,610
LPL FINANCIAL LLC · Investment advisory (plan)$14,500

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$29,110 · 0.33%
2023$15,645 · 0.21%
2022$15,946 · 0.22%
Similar plansWholesale Trade · Ohio
Media Source, Inc. OH$10.5M · 0.41%
Great Lakes Petroleum Co. OH$9.3M · 0.70%
Capital Tire, Inc. OH$9.2M · 0.75%
Summitville Tiles, Inc OH$9.2M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340894533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.