Plan Ledger DOL Form 5500 · updated monthly

Motrex LLC401(k)

WELLPOWER 401(K) SAVINGS AND RETIREMENT PLAN · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Motrex LLC reported $197,371 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $4,996 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 0.12% to 0.10%. 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 161st-largest of 2,160 plans among Georgia employers on file, and the 1,108th of 13,661 in manufacturing. In 2024, the employer put in $1.83 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$214,394,279
Participants with balances2,946
Active participants2,034
Employer contributions$10,160,995
Employee contributions$5,550,978
Employer contribution per active participant$4,996
Average account balance$72,775
Benefits paid to participants$26,577,131
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$214.4M · 2,946 accts · $10.2M emplr
2023$197.3M · 3,558 accts · $5.4M emplr
2022$173.0M · 3,544 accts · $5.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$161,253
Total administrative$197,371
The Motrex LLC 401(k) match · 2024
Employer contribution per active participant$4,996
Median for plans this size$3,635
2024$4,996 per active participant
2023$2,458 per active participant
2022$2,687 per active participant

Motrex LLC's 2024 employer contribution ran above the $3,635 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.

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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$161,465
ROCATON INVESTMENT ADVISORS, LLC · Investment advisory (plan)$24,140
GOLDMAN SACHS ASSET MANAGEMENT · Investment advisory (plan)$11,978

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$197,371 · 0.10%
2023$190,283 · 0.10%
2022$238,694 · 0.12%
All plans at this employer2
WELLPOWER 401(K) SAVINGS AND RETIREMENT PLAN401(k)
WELLPOWER HOURLY 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Georgia
Neenah, Inc. GA$280.8M · 0.06%
Serta Simmons Bedding, LLC GA$275.5M · 0.13%
Oxford Industries, Inc. GA$218.4M · 0.11%
Ofs Fitel, LLC GA$212.9M · 0.08%
Kia Georgia, Inc. GA$202.8M · 0.32%
Mirion Technologies, Inc. GA$201.3M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 852304533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.