Plan Ledger DOL Form 5500 · updated monthly

Merieux Nutrisciences Corporation401(k)

MERIEUX NUTRISCIENCES & SUBSIDIARIES RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Merieux Nutrisciences Corporation reported $264,548 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,570 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 0.19% to 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 559th-largest of 3,702 plans among Illinois employers on file, and the 198th of 3,341 in other services. In 2024, employees put in $3.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$102,024,586
Participants with balances1,787
Active participants1,232
Employer contributions$1,934,008
Employee contributions$6,531,475
Employer contribution per active participant$1,570
Average account balance$57,093
Benefits paid to participants$13,044,012
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$102.0M · 1,787 accts · $1.9M emplr
2023$93.5M · 1,749 accts · $2.0M emplr
2022$78.2M · 1,806 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$135,571
Investment management$128,977
Total administrative$264,548
The Merieux Nutrisciences Corporation 401(k) match · 2024
Employer contribution per active participant$1,570
Median for plans this size$3,635
2024$1,570 per active participant
2023$1,805 per active participant
2022$1,656 per active participant

Merieux Nutrisciences Corporation's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
SCHWAB RETIREMENT PLAN SERVICE,INC. · Recordkeeping$135,421
CREATIVE PLANNING HOLDCO LLC · Investment management$125,982
CHARLES SCHWAB & CO., INC. · Securities brokerage$92

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$264,548 · 0.27%
2023$325,647 · 0.38%
2022$163,551 · 0.19%
Same employer
Similar plansOther Services · Illinois
American Dental Association IL$127.0M · 0.08%
Comptia IL$84.9M

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Source: U.S. Department of Labor, Form 5500 series, EIN 431848483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.