Plan Ledger DOL Form 5500 · updated monthly

Upm Raflatac, Inc.401(k)

UPM RAFLATAC RETIREMENT SAVINGS PLAN · MILLS RIVER, NC · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Upm Raflatac, Inc. reported $72,481 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $6,535 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 3 years on file its reported administrative ratio has held roughly steady near 0.069%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 184th-largest of 2,005 plans among North Carolina employers on file, and the 1,752nd of 13,661 in manufacturing. In 2024, employees put in $1.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$112,122,560
Participants with balances697
Active participants456
Employer contributions$2,980,150
Employee contributions$3,132,989
Employer contribution per active participant$6,535
Average account balance$160,865
Benefits paid to participants$9,786,759
Plan auditUnmodified (clean) audit opinion
AuditorCOPELAND BUHL & COMPANY PLLP
Plan history3
Yearassets · accounts · employer contribution
2024$112.1M · 697 accts · $3.0M emplr
2023$98.3M · 642 accts · $3.1M emplr
2022$82.2M · 678 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,109
Investment management$65,372
Total administrative$72,481
The Upm Raflatac, Inc. 401(k) match · 2024
Employer contribution per active participant$6,535
Median for plans this size$3,635
2024$6,535 per active participant
2023$7,020 per active participant
2022$6,382 per active participant

Upm Raflatac, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$36,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$29,372
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,109

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$72,481 · 0.07%
2023$77,957 · 0.09%
2022$66,229 · 0.07%
Same employer
Similar plansManufacturing · North Carolina
Nn, Inc. NC$127.0M · 0.06%
Glen Raven, Inc. NC$113.3M · 0.17%
Sgl Carbon, LLC NC$113.0M · 0.07%
Umicore USA Inc. NC$110.6M · 0.09%
Steelfab, Inc. NC$102.4M · 0.26%
Alcami Carolinas Corporation NC$102.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561451390 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.