Pretium Packaging LLC 401(k) Review & Grade
Pretium Packaging LLC 401(k) Savings & Investment Plan
Saint Louis, MOManufacturing2,628 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$675Employer $ per active participant
$1,434Employee $ saved per active participant
0.22%Direct admin cost, % of plan assets
$74.9MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity3.6 / 507th percentile for employer $ per participant
- Low cost7.9 / 2532th percentile for low admin cost vs. same-size plans
- Employee saving0.5 / 154th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score5 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 7th |
| Lower admin cost | 32th |
| Employee saving | 4th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Pretium Packaging put in about $675 per active participant, below the typical peer ($3,452). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Direct plan expenses (0.22% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $1,775,087 |
| Participant (employee) contributions | $3,769,628 |
| Other contributions (incl. rollovers in) | $353,422 |
| Administrative expenses paid from the plan | $160,743 |
| Contract administrator fees | $1,200 |
| Investment advisory & management fees | $26,875 |
| Benefits paid out | $12,889,027 |
| Net assets, start / end of year | $72.8M / $74.9M |
| Active participants, start / end of year | 2,680 / 2,577 |
| Participants with account balances | 1,247 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Rubinbrown LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $133,873 reported compensation |
| Merrill Lynch | $26,875 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015192007NAL0011184114001, received 2025-10-15, EIN 43-1817802, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.