Plan Ledger DOL Form 5500 · updated monthly

Motiva Enterprises LLC401(k)

MOTIVA 401(K) AND SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Motiva Enterprises LLC reported $531,692 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $12,028 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 fell from 0.07% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 130th-largest of 5,688 plans among Texas employers on file, and the 364th of 13,661 in manufacturing. In 2024, employees put in $1.20 for every $1.00 the employer contributed; active participation has grown from 2,263 to 2,526 since 2022.

Plan summary
Net assets, end of year$887,810,012
Participants with balances2,968
Active participants2,526
Employer contributions$30,383,876
Employee contributions$36,343,863
Employer contribution per active participant$12,028
Average account balance$299,127
Benefits paid to participants$81,655,301
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$887.8M · 2,968 accts · $30.4M emplr
2023$793.4M · 2,998 accts · $30.2M emplr
2022$698.3M · 3,019 accts · $26.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,680
Investment management$525,012
Total administrative$531,692
The Motiva Enterprises LLC 401(k) match · 2024
Employer contribution per active participant$12,028
Median for plans this size$4,294
2024$12,028 per active participant
2023$11,817 per active participant
2022$11,529 per active participant

Motiva Enterprises LLC's 2024 employer contribution ran above the $4,294 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
FINANCIAL ENGINES · Investment advisory (plan)$525,012
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,920

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$531,692 · 0.06%
2023$369,202 · 0.05%
2022$517,018 · 0.07%
All plans at this employer2
MOTIVA 401(K) AND SAVINGS PLAN401(k)
MOTIVA CHEMICALS SALARY DEFERRAL AND MONEY PURCHASE PENSION PLANMoney purchase plan
Same employer
Similar plansManufacturing · Texas
Hess Corporation TX$1.1B · 0.01%
Celanese Americas LLC TX$992.8M · 0.09%
Lennox International Inc. TX$818.5M · 0.04%
Hm US Services, LLC TX$798.5M · 0.10%
Mary Kay Inc. TX$789.9M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760262490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.