Graphic Packaging International, LLC 401(k) Review & Grade
Gpi Hourly Savings Plan
Atlanta, GAManufacturing5,636 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,742Employer $ per active participant
$5,247Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$565.8MNet plan assets, end of year
$90,632Average balance per account
Score breakdown
- Employer generosity27.4 / 5055th percentile for employer $ per participant
- Low cost14.0 / 2556th percentile for low admin cost vs. same-size plans
- Employee saving6.0 / 1540th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score40 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 55th |
| Lower admin cost | 56th |
| Employee saving | 40th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($10,091 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Graphic Packaging International put in about $3,742 per active participant, more than the typical peer ($3,452). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $21,092,637 |
| Participant (employee) contributions | $29,576,050 |
| Other contributions (incl. rollovers in) | $515,593 |
| Administrative expenses paid from the plan | $576,743 |
| Contract administrator fees | $3,600 |
| Other admin expenses | $118,859 |
| Benefits paid out | $94,306,479 |
| Net assets, start / end of year | $534.6M / $565.8M |
| Active participants, start / end of year | 6,004 / 5,269 |
| Participants with account balances | 6,243 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Warren Averett, LLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $417,718 reported compensation |
| Strategic Benefits Advisors | $60,903 reported compensation |
| Clear Investment Research, LLC | $49,206 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250815114734NAL0005864099001, received 2025-08-15, EIN 84-0772929, plan #008, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.