Plan Ledger DOL Form 5500 · updated monthly

Microplastics, Inc.ESOP

MICROPLASTICS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · ST. CHARLES, IL · plan year 2022

Employer contribution per participant · 2022
$1,352

Microplastics, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $950,684 across 244 participant accounts, with employer contributions averaging $1,352 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 Illinois (3,497th of 3,702), and 13,294th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$950,684
Participants with balances244
Active participants186
Employer contributions$251,494
Employee contributions—
Employer contribution per active participant$1,352
Average account balance$3,896
Benefits paid to participants$251,494
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$59K · 179 accts · $130K emplr
2023$498K · 241 accts · $84K emplr
2022$951K · 244 accts · $251K emplr
Employer contributions to the Microplastics, Inc. plan · 2022
Employer contribution per active participant$1,352
Median for plans this size$1,114
2024$874 per active participant
2023$646 per active participant
2022$1,352 per active participant

Microplastics, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size. 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.

Administrative cost history3
2024$4,095 · 1.47%
2023Not separately reported
2022Not separately reported
Same employer
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Rollex Corporation IL$1.2M · 0.15%
Herman Seekamp, Inc. IL$863K · 0.68%
Midan, Inc. IL$804K · 0.65%
Nuestro Queso, LLC IL$797K · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363628136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.