Orora Packaging Solutions 401(k) Review & Grade
Orora Packaging Solutions 401(k) Savings Plan
Buena Park, CAWholesale Trade1,636 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$369Employer $ per active participant
$1,237Employee $ saved per active participant
0.01%Direct admin cost, % of plan assets
$304.2MNet plan assets, end of year
$137,773Average balance per account
Score breakdown
- Employer generosity3.3 / 507th percentile for employer $ per participant
- Low cost24.3 / 2597th percentile for low admin cost vs. same-size plans
- Employee saving0.9 / 156th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score39 / 100 · Grade D
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 7th |
| Lower admin cost | 97th |
| Employee saving | 6th |
| Peers that auto-enroll | 53% |
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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
- Orora Packaging Solutions put in about $369 per active participant, below the typical peer ($1,792). Any match is still an instant return, so contribute enough to get all of it.
- 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 | $604,475 |
| Participant (employee) contributions | $2,023,845 |
| Other contributions (incl. rollovers in) | $4,341 |
| Administrative expenses paid from the plan | $36,303 |
| Benefits paid out | $1,800,041 |
| Net assets, start / end of year | $303.1M / $304.2M |
| Active participants, start / end of year | 1,644 / 1,629 |
| Participants with account balances | 2,208 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Miller Kaplan Arase LLP |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $27,029 reported compensation |
| Charles Schwab & Co., Inc. | $10,721 reported compensation |
| Charles Schwab Bank | $5 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251017065424NAL0009308864001, received 2025-10-17, EIN 95-1683793, plan #001, plan year 2024-11-01 to 2024-12-31. Verify at efast.dol.gov.