Plan Ledger DOL Form 5500 · updated monthly

Exxelia USA Inc401(k)

EXXELIA USA INC 401(K) PROFIT SHARING PLAN & TRUST · LONGWOOD, FL · plan year 2022

Reported admin expense ratio · 2022
1.12%

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

Exxelia USA Inc reported $26,202 in plan administrative expenses for 2022: 1.12% of average plan assets, higher than ~90% of peers. Employer contributions averaged $425 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 rose from 1.12% to 3.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (3,054th of 3,644), and 12,705th of 13,661 in manufacturing. In 2022, employees put in $5.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,250,107
Participants with balances161
Active participants139
Employer contributions$59,130
Employee contributions$296,842
Employer contribution per active participant$425
Average account balance$13,976
Benefits paid to participants$141,212
Plan auditUnmodified (clean) audit opinion
AuditorBERMAN HOPKINS WRIGHT & LAHAM, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$146K · 20 accts
2023$371K · 160 accts
2022$2.3M · 161 accts · $59K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,910
Investment management$21,292
Total administrative$26,202
The Exxelia USA Inc 401(k) match · 2022
Employer contribution per active participant$425
Median for plans this size$1,114

Exxelia USA Inc's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$8,815 · 3.41%
2023$17,353 · 1.32%
2022$26,202 · 1.12%
Similar plansManufacturing · Florida
Ska Inc FL$2.4M · 0.53%
Jr Plastics FL$2.3M · 0.08%
Ideal Deals, LLC FL$2.0M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452894705 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.