Plan Ledger DOL Form 5500 · updated monthly

Venture Plastics, Inc.401(k)

VENTURE PLASTICS, INC. 401(K) PROFIT SHARING PLAN · NEWTON FALLS, OH · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Venture Plastics, Inc. reported $35,025 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $531 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 0.06% to 0.56%. 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 Ohio (2,339th of 3,295), and 10,334th of 13,661 in manufacturing. In 2024, employees put in $4.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,685,394
Participants with balances129
Active participants172
Employer contributions$91,277
Employee contributions$366,228
Employer contribution per active participant$531
Average account balance$51,825
Benefits paid to participants$331,032
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 129 accts · $91K emplr
2023$5.8M · 119 accts · $96K emplr
2022$5.1M · 126 accts · $90K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,025
Total administrative$35,025
The Venture Plastics, Inc. 401(k) match · 2024
Employer contribution per active participant$531
Median for plans this size$1,313
2024$531 per active participant
2023$591 per active participant
2022$474 per active participant

Venture Plastics, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$35,024

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
2023ADP

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

Administrative cost history3
2024$35,025 · 0.56%
2023$31,172 · 0.58%
2022$3,570 · 0.06%
Same employer
Similar plansManufacturing · Ohio
Pleasant Valley Trailers OH$6.7M · 0.65%
Brightpet Opf Buyer, Inc. OH$6.6M · 0.61%
Tedia Company, Inc. OH$6.6M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341044312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.