Department of Labor filing

IPLASTICS LLC

IPLASTICS LLC 401(K) PROFIT SHARING PLAN & TRUST · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 14, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

36filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$1,117

Reported employer contributions per active participant.

Higher than about 30% of comparable plans

#People in the filing

157

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$154 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 49% of comparable plans

↗Investment performance

Not available

Plan assets changed -2.7%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202436out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions30th percentileTypical peer $1,735 · based on 443 comparable plans

Lower reported administrative expense49th percentileTypical peer $150 · based on 447 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, IPLASTICS LLC reported $175,326 in employer contributions across the plan and 157 active participants. That works out to $1,117 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy76%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 25.1%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 16.9%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context36/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $175,326
Participant contributions: $347,659
Other contributions: $10,457
Employer share of reported contributions: 33.5%
Beginning assets: $6,903,939
Ending assets: $6,719,436
Ending net assets: $6,719,436
Ending liabilities: $0
Total income: $1,311,077
Total expenses: $1,495,580
Administrative expenses: $45,206
Participant loans: $114,977

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,492

2023

$1,406

2024

$1,117

Plan-paid administrative expenses per participant

2022

$185

2023

$146

2024

$154

Active participants

2022

238

2023

203

2024

157

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,117	157	6.7M	20251014151349NAL0004347248001
2023	$1,406	203	6.9M	20241011105756NAL0021714817001
2022	$1,492	238	8.1M	20231016120356NAL0025488275001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.7%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 272593452-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Feb 1, 1991
Industry: Industry group 326
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
PAYCHEX SECURITIES CORPORATION	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251014151349NAL0004347248001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗