Packaging Matters 401(k) match, vesting and fees
What Packaging Matters' 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 | John Hancock | Schedule C ↗ |
| Independent auditor | Baker Tilly US, 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 3,074 defined-contribution plans in wholesale trade with 100 to 499 participants.
| Packaging Matters: employer contribution per participant | $1,095 | |
| Peer median | $1,988 |
| Packaging Matters: average balance | $56,717 | |
| Peer median | $75,431 |
| Packaging Matters: admin expenses ÷ assets | 0.63% | |
| Peer median | 0.31% |
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 $8.3M at the end of plan year 2023 to $10.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 495 | $10.4M | $200K | $1,095 | 0.63% | Not published | Form 5500 ↗ |
| 2023 | 423 | $8.3M | $65K | $370 | 0.69% | Not published | Form 5500 ↗ |
Common questions
Does Packaging Matters match 401(k) contributions?
The match terms for the Packaging Matters, LLC 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $200K in employer contributions, about $1,095 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Packaging Matters 401(k) match vested?
The vesting schedule for the Packaging Matters, LLC 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Packaging Matters 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock. The plan administrator is Packaging Matters, LLC.
I left Packaging Matters. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Packaging Matters, LLC, (209) 404-9553) or the recordkeeper, John Hancock. The Packaging Matters old 401(k) page lists the contacts from every plan filing. Find an old Packaging Matters 401(k)
Data from the public Form 5500 annual reports Packaging Matters 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 Packaging Matters. Not financial advice. Report a correction · Methodology