Plan Snapshot
- Plan Sponsor: Radius Packaging, INC.
- Sponsor EIN: 391170261
- Sponsor Address: 2160 S 170TH ST, NEW BERLIN, WI, 53151
- Plan Type: 401(k)
- Total Participants: 235
- Total Assets: $9.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 235 | $9.7M | $355,250 | $1.1M |
| 2023 | 232 | $8.1M | $249,617 | $908,174 |
| 2022 | 192 | $7.2M | $268,705 | $777,444 |
| 2020 | 215 | $7.1M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $27,803 | — | $27,803 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $20,657 | — | $20,657 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,460
- Estimated Expense Ratio: 0.499% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $48,460 | $20,657 | — | — | — |
| 2023 | $43,929 | $14,324 | — | — | — |
| 2022 | $54,926 | $33,381 | $21,545 | — | — |
| 2020 | $38,852 | $29,752 | $9,100 | — | — |