Plan Ledger DOL Form 5500 · updated monthly

Vanguard Packaging, LLC401(k)

VANGUARD PACKAGING 401(K) PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Vanguard Packaging, LLC reported $97,980 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,385 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 0.30% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 605th-largest of 1,393 plans among Missouri employers on file, and the 5,973rd of 13,661 in manufacturing. In 2024, employees put in $4.18 for every $1.00 the employer contributed; active participation has shrunk from 285 to 216 since 2022.

Plan summary
Net assets, end of year$19,777,934
Participants with balances251
Active participants216
Employer contributions$299,160
Employee contributions$1,249,636
Employer contribution per active participant$1,385
Average account balance$78,797
Benefits paid to participants$4,057,376
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 251 accts · $299K emplr
2023$19.3M · 257 accts · $440K emplr
2022$14.9M · 226 accts · $401K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,469
Investment management$2,511
Total administrative$97,980
The Vanguard Packaging, LLC 401(k) match · 2024
Employer contribution per active participant$1,385
Median for plans this size$2,416
2024$1,385 per active participant
2023$1,789 per active participant
2022$1,409 per active participant

Vanguard Packaging, LLC's 2024 employer contribution ran below the $2,416 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
EMPOWER ADVISORY GROUP, LLC · Investment management$2,511

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$97,980 · 0.50%
2023$75,298 · 0.44%
2022$50,839 · 0.30%
Same employer
Similar plansManufacturing · Missouri
Pfi Holding Company, LLC MO$20.0M · 0.47%
Cee Kay Supply, Inc MO$19.8M · 0.31%
Orizon Aerostructures, LLC MO$19.8M · 0.18%
Mocap LLC MO$19.5M · 0.40%
H-J Enterprises, Inc. MO$19.4M · 0.38%
M. I. Industries, Inc. MO$19.1M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431055764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.