B2b Industrial Packaging 401(k) Review & Grade
B2b Industrial Packaging 401(k) Retirement Plan
Addison, ILRetail Trade586 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,973Employer $ per active participant
$6,075Employee $ saved per active participant
0.63%Direct admin cost, % of plan assets
$24.2MNet plan assets, end of year
$46,640Average balance per account
Score breakdown
- Employer generosity42.3 / 5085th percentile for employer $ per participant
- Low cost4.0 / 2516th percentile for low admin cost vs. same-size plans
- Employee saving13.8 / 1592th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score60 / 100 · Grade B
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 85th |
| Lower admin cost | 16th |
| Employee saving | 92th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- B2b Industrial Packaging put in about $1,973 per active participant, more than the typical peer ($743). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.63% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,156,057 |
| Participant (employee) contributions | $3,560,139 |
| Other contributions (incl. rollovers in) | $382,372 |
| Administrative expenses paid from the plan | $140,975 |
| Contract administrator fees | $67,342 |
| Investment advisory & management fees | $68,603 |
| Benefits paid out | $4,500,494 |
| Net assets, start / end of year | $20.7M / $24.2M |
| Active participants, start / end of year | 625 / 547 |
| Participants with account balances | 518 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Mma Securities LLC | $68,603 reported compensation |
| John Hancock Life Insurance Company | $5,780 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013143425NAL0000723011001, received 2025-10-13, EIN 42-1628523, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.