Plan Ledger DOL Form 5500 · updated monthly

Man Energy Solutions USA Inc.401(k)

MAN ENERGY SOLUTIONS USA INC. 401(K) PLAN · BROOKSHIRE, TX · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Man Energy Solutions USA Inc. reported $71,274 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $8,020 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 0.13% to 0.14%. 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 999th-largest of 5,688 plans among Texas employers on file, and the 2,974th of 13,661 in manufacturing. In 2024, employees put in $1.33 for every $1.00 the employer contributed; active participation has grown from 229 to 303 since 2022.

Plan summary
Net assets, end of year$54,090,608
Participants with balances402
Active participants303
Employer contributions$2,430,195
Employee contributions$3,223,269
Employer contribution per active participant$8,020
Average account balance$134,554
Benefits paid to participants$4,107,713
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$54.1M · 402 accts · $2.4M emplr
2023$46.2M · 357 accts · $1.8M emplr
2022$39.4M · 329 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,717
Investment management$17,557
Total administrative$71,274
The Man Energy Solutions USA Inc. 401(k) match · 2024
Employer contribution per active participant$8,020
Median for plans this size$3,635
2024$8,020 per active participant
2023$7,062 per active participant
2022$7,468 per active participant

Man Energy Solutions USA Inc.'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 · 20241
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$71,274

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$71,274 · 0.14%
2023$57,795 · 0.14%
2022$53,803 · 0.13%
Same employer
Similar plansManufacturing · Texas
Econtrols, LLC TX$57.6M · 0.26%
Thermon, Inc. TX$57.6M · 0.22%
Merichem Company TX$54.6M · 0.07%
48FORTY Solutions, LLC TX$53.8M · 0.29%
Rigaku Americas Corporation TX$53.3M · 0.02%
Sekisui America Corporation TX$53.2M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133024617 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.