Hood Packaging 401(k) match, vesting and fees
What Hood Packaging's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Horne (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,622 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| Hood Packaging: employer contribution per participant | $2,020 | |
| Peer median | $2,413 |
| Hood Packaging: average balance | $66,868 | |
| Peer median | $86,434 |
| Hood Packaging: admin expenses ÷ assets | 0.15% | |
| Peer median | 0.12% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $94.4M at the end of plan year 2023 to $104M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,675 | $104M | $3.1M | $2,020 | 0.15% | Not published | Form 5500 ↗ |
| 2023 | 1,567 | $94.4M | $3.1M | $2,157 | 0.17% | Not published | Form 5500 ↗ |
Other Hood Packaging plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Hood Packaging Corporation Hourly Employees 401(k) Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Horne (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Hood Packaging match 401(k) contributions?
The match terms for the Hood Packaging Corporation Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $3.1M in employer contributions, about $2,020 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Hood Packaging 401(k) match vested?
The vesting schedule for the Hood Packaging Corporation Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Hood Packaging 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Hood Packaging Corporation.
I left Hood Packaging. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Hood Packaging Corporation, (601) 853-7260) or the recordkeeper, Principal Life Insurance Company. The Hood Packaging old 401(k) page lists the contacts from every plan filing. Find an old Hood Packaging 401(k)
Data from the public Form 5500 annual reports Hood Packaging filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Hood Packaging. Not financial advice. Report a correction · Methodology