Billerud Americas Corporation 401(k) Review & Grade
Billerud Americas Corporation Retirement Savings Plan for Bargained Employees
Miamisburg, OHManufacturing822 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$7,437Employer $ per active participant
$9,569Employee $ saved per active participant
0.18%Direct admin cost, % of plan assets
$315.0MNet plan assets, end of year
$194,335Average balance per account
Score breakdown
- Employer generosity46.2 / 5092th percentile for employer $ per participant
- Low cost14.6 / 2558th percentile for low admin cost vs. same-size plans
- Employee saving13.2 / 1588th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score84 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 92th |
| Lower admin cost | 58th |
| Employee saving | 88th |
| Peers that auto-enroll | 59% |
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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
- Billerud Americas put in about $7,437 per active participant, more than the typical peer ($2,320). 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $6,109,401 |
| Participant (employee) contributions | $7,860,787 |
| Other contributions (incl. rollovers in) | $955,682 |
| Administrative expenses paid from the plan | $538,581 |
| Investment advisory & management fees | $136,864 |
| Benefits paid out | $31,861,209 |
| Net assets, start / end of year | $295.8M / $315.0M |
| Active participants, start / end of year | 852 / 791 |
| Participants with account balances | 1,621 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Clark, Schaefer, Hackett & Company |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $401,717 reported compensation |
| Stephens Inc | $72,916 reported compensation |
| D & G Advisory Group LLC | $63,150 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007141810NAL0011724578002, received 2025-10-07, EIN 75-3217389, plan #006, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.