Plan Ledger DOL Form 5500 · updated monthly

Murex North America401(k)

MUREX NORTH AMERICA 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Murex North America reported $3,022 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,508 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 0.00% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,176th-largest of 5,648 plans among New York employers on file, and the 2,317th of 11,654 in professional & technical services. In 2024, employees put in $4.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$61,643,640
Participants with balances254
Active participants171
Employer contributions$599,950
Employee contributions$2,930,257
Employer contribution per active participant$3,508
Average account balance$242,691
Benefits paid to participants$1,378,712
Plan auditUnmodified (clean) audit opinion
AuditorWILKIN & GUTTENPLAN, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$61.6M · 254 accts · $600K emplr
2023$49.6M · 248 accts · $539K emplr
2022$37.9M · 242 accts · $462K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,557
Investment management$1,465
Total administrative$3,022
The Murex North America 401(k) match · 2024
Employer contribution per active participant$3,508
Median for plans this size$3,635
2024$3,508 per active participant
2023$3,287 per active participant
2022$2,833 per active participant

Murex North America's 2024 employer contribution ran below 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$3,022 · 0.01%
2023$2,376 · 0.01%
2022$1,261 · 0.00%
Same employer
Similar plansProfessional & Technical Services · New York
National Debt Relief NY$61.9M · 0.57%
Woods Oviatt Gilman, LLP NY$61.8M · 0.24%
Plus Company U.S. Inc. NY$61.6M · 0.08%
Encorevet Group LLC NY$61.5M · 0.35%
Gen II Management, LLC NY$61.3M · 0.30%
Kaufman Borgeest & Ryan LLP NY$60.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133796574 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.