Plan Ledger DOL Form 5500 · updated monthly

Methanex Services US LLC401(k)

METHANEX 401(K) PLAN · PLANO, TX · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Methanex Services US LLC reported $48,013 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $12,320 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 0.07% to 0.09%. 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 909th-largest of 5,688 plans among Texas employers on file, and the 2,668th of 13,661 in manufacturing. In 2024, the employer put in $1.34 for every $1.00 employees contributed themselves; active participation has grown from 273 to 315 since 2022.

Plan summary
Net assets, end of year$63,347,425
Participants with balances373
Active participants315
Employer contributions$3,880,755
Employee contributions$2,890,103
Employer contribution per active participant$12,320
Average account balance$169,832
Benefits paid to participants$1,601,468
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$63.3M · 373 accts · $3.9M emplr
2023$49.0M · 357 accts · $3.5M emplr
2022$38.0M · 341 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,225
Investment management$46,508
Total administrative$48,013
The Methanex Services US LLC 401(k) match · 2024
Employer contribution per active participant$12,320
Median for plans this size$3,635
2024$12,320 per active participant
2023$11,027 per active participant
2022$11,629 per active participant

Methanex Services US 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
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$46,508

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$48,013 · 0.09%
2023$37,910 · 0.09%
2022$29,978 · 0.07%
Similar plansManufacturing · Texas
Tokai Carbon Cb LTD. TX$66.3M · 0.15%
Vopak North America Inc. TX$65.6M · 0.14%
Tymco, Inc. TX$64.7M · 0.11%
Atrion Corporation TX$63.0M · 0.29%
Ricetec, Inc. TX$58.1M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352277334 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.