Plan Ledger DOL Form 5500 · updated monthly

Molekule Group, Inc.401(k)

MOLEKULE GROUP 401(K) PLAN · PALM BEACH GARDENS, FL · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Molekule Group, Inc. reported $27,258 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $5,764 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 1 year on file its reported administrative ratio rose from 0.30% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (2,131st of 3,644), and 10,071st of 13,661 in manufacturing. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,175,451
Participants with balances140
Active participants78
Employer contributions$449,619
Employee contributions$894,299
Employer contribution per active participant$5,764
Average account balance$51,253
Benefits paid to participants$1,530,028
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$7.2M · 140 accts · $450K emplr
2023$6.4M · 151 accts · $440K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,505
Investment management$16,753
Total administrative$27,258
The Molekule Group, Inc. 401(k) match · 2024
Employer contribution per active participant$5,764
Median for plans this size$1,313
2024$5,764 per active participant
2023$4,404 per active participant

Molekule Group, Inc.'s 2024 employer contribution ran above the $1,313 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
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$16,753
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$10,505

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

Administrative cost history2
2024$27,258 · 0.40%
2023$17,348 · 0.30%
Similar plansManufacturing · Florida
Tampa Microwave, LLC FL$7.4M · 0.84%
King Plastic Corporation FL$7.3M · 0.49%
03 USA, Inc. FL$7.0M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453213164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.