Huhtamaki Americas, Inc. 401(k) Review & Grade
Huhtamaki Long Term Savings and Investment Plan
Desoto, KSManufacturing3,328 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,563Employer $ per active participant
$4,525Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$277.0MNet plan assets, end of year
$70,817Average balance per account
Score breakdown
- Employer generosity9.8 / 5020th percentile for employer $ per participant
- Low cost11.9 / 2548th percentile for low admin cost vs. same-size plans
- Employee saving4.6 / 1531th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score36 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 20th |
| Lower admin cost | 48th |
| Employee saving | 31th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Huhtamaki Americas put in about $1,563 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.
- 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 auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $5,201,448 |
| Participant (employee) contributions | $15,060,707 |
| Other contributions (incl. rollovers in) | $551,022 |
| Administrative expenses paid from the plan | $344,936 |
| Investment advisory & management fees | $69,275 |
| Benefits paid out | $28,886,912 |
| Net assets, start / end of year | $248.4M / $277.0M |
| Active participants, start / end of year | 3,214 / 3,443 |
| Participants with account balances | 3,911 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Merrill Lynch, Pierce, Fenner and S | $275,661 reported compensation |
| Mariner Retirement Advisors | $69,275 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015140705NAL0002540979001, received 2025-10-15, EIN 98-0338708, plan #006, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.