Plan Ledger DOL Form 5500 · updated monthly

Bayport Polymers LLC401(k)

BAYPORT POLYMERS LLC 401(K) SAVINGS PLAN · PASADENA, TX · plan year 2024

Reported admin expense ratio · 2024
0.16%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Bayport Polymers LLC reported $100,113 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $18,796 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.24% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 840th-largest of 5,688 plans among Texas employers on file, and the 2,474th of 13,661 in manufacturing. In 2024, the employer put in $1.35 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$69,802,089
Participants with balances317
Active participants277
Employer contributions$5,206,623
Employee contributions$3,855,767
Employer contribution per active participant$18,796
Average account balance$220,196
Benefits paid to participants$3,210,090
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.8M · 317 accts · $5.2M emplr
2023$54.4M · 302 accts · $4.9M emplr
2022$42.1M · 280 accts · $4.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,391
Investment management$55,722
Total administrative$100,113
The Bayport Polymers LLC 401(k) match · 2024
Employer contribution per active participant$18,796
Median for plans this size$3,635
2024$18,796 per active participant
2023$18,514 per active participant
2022$16,355 per active participant

Bayport Polymers LLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$55,722

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$100,113 · 0.16%
2023$106,914 · 0.22%
2022$104,184 · 0.24%
Same employer
Similar plansManufacturing · Texas
Madix, Inc. TX$72.9M · 0.30%
Dzs Inc. TX$72.8M · 0.02%
Thermon, Inc. TX$70.9M · 0.20%
Tt Group Industries, Inc. TX$69.2M · 0.19%
Pembina US Corporation TX$68.3M · 0.09%
Valtir, LLC TX$68.2M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822384562 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.