Mac Papers 401(k) match, vesting and fees
What Mac Papers' 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 | Forvis Mazars, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,612 defined-contribution plans in manufacturing with 500 to 999 participants.
| Mac Papers: employer contribution per participant | $1,174 | |
| Peer median | $2,038 |
| Mac Papers: average balance | $93,497 | |
| Peer median | $72,907 |
| Mac Papers: admin expenses ÷ assets | 0.55% | |
| Peer median | 0.20% |
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 $77.4M at the end of plan year 2021 to $71.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 821 | $71.8M | $902K | $1,174 | 0.55% | Not published | Form 5500 ↗ |
| 2023 | 867 | $68.6M | $965K | $1,214 | 0.70% | Not published | Form 5500 ↗ |
| 2022 | 946 | $59.4M | $936K | $1,097 | 0.48% | Not published | Form 5500 ↗ |
| 2021 | 894 | $77.4M | $836K | $1,155 | 0.33% | Not published | Form 5500 ↗ |
Common questions
Does Mac Papers match 401(k) contributions?
The match terms for the Mac Papers and Packaging, LLC 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $902K in employer contributions, about $1,174 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Mac Papers 401(k) match vested?
The vesting schedule for the Mac Papers and Packaging, LLC 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Mac Papers 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Mac Papers, LLC.
I left Mac Papers. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Mac Papers, LLC, (904) 348-3384) or the recordkeeper, Principal Life Insurance Company. The Mac Papers old 401(k) page lists the contacts from every plan filing. Find an old Mac Papers 401(k)
Data from the public Form 5500 annual reports Mac Papers filed with the U.S. Department of Labor (plan years 2021 and 2022 and 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 Mac Papers. Not financial advice. Report a correction · Methodology