Plan Ledger DOL Form 5500 · updated monthly

Winpak Portion Packaging, Inc.401(k)

WINPAK PORTION PACKAGING, INC. 401(K) THRIFT SAVINGS PLAN · SAUK VILLAGE, IL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Winpak Portion Packaging, Inc. reported $53,944 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $3,709 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 0.08%. 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 693rd-largest of 3,702 plans among Illinois employers on file, and the 2,352nd of 13,661 in manufacturing. In 2024, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$74,446,358
Participants with balances756
Active participants670
Employer contributions$2,484,764
Employee contributions$4,285,852
Employer contribution per active participant$3,709
Average account balance$98,474
Benefits paid to participants$11,040,289
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$74.4M · 756 accts · $2.5M emplr
2023$67.5M · 752 accts · $2.3M emplr
2022$55.6M · 774 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,428
Investment management$14,916
Audit (IQPA)$23,600
Total administrative$53,944
The Winpak Portion Packaging, Inc. 401(k) match · 2024
Employer contribution per active participant$3,709
Median for plans this size$3,635
2024$3,709 per active participant
2023$3,149 per active participant
2022$2,838 per active participant

Winpak Portion Packaging, 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
JOSEPH L WHITAKER CPA, LLC · Accounting / audit$23,600
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$15,428
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,916

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$53,944 · 0.08%
2023$54,931 · 0.09%
2022$45,873 · 0.07%
Similar plansManufacturing · Illinois
Rj van Drunen & Sons, Inc. IL$77.6M · 0.16%
Rtc Industries, Inc. IL$76.3M · 0.08%
Plz Corp IL$76.0M · 0.35%
The New York Blower Company IL$73.2M · 0.48%
Trouw Nutrition USA, LLC IL$72.8M · 0.01%
Viskase Companies, Inc. IL$72.1M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362602087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.