Plan Ledger DOL Form 5500 · updated monthly

Opterra Solutions, Inc.401(k)

NATURCHEM, INC. 401(K) PLAN · LEXINGTON, SC · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Opterra Solutions, Inc. reported $56,590 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,324 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 3 years on file its reported administrative ratio has held roughly steady near 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in South Carolina (413th of 807), and the 1,598th of 3,341 in other services. In 2024, employees put in $2.77 for every $1.00 the employer contributed; active participation has shrunk from 339 to 288 since 2022.

Plan summary
Net assets, end of year$10,664,331
Participants with balances300
Active participants288
Employer contributions$381,267
Employee contributions$1,054,883
Employer contribution per active participant$1,324
Average account balance$35,548
Benefits paid to participants$887,370
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 300 accts · $381K emplr
2023$8.8M · 267 accts · $344K emplr
2022$6.6M · 196 accts · $270K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,931
Investment management$30,659
Total administrative$56,590
The Opterra Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$1,324
Median for plans this size$1,313
2024$1,324 per active participant
2023$1,023 per active participant
2022$797 per active participant

Opterra Solutions, Inc.'s 2024 employer contribution ran above the $1,313 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$25,931
SYNOVUS TRUST COMPANY, N.A. · Investment advisory (plan)$20,971
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,688

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$56,590 · 0.58%
2023$43,554 · 0.57%
2022$39,435 · 0.57%
Same employer
Similar plansOther Services · South Carolina
Palmetto Exterminators, LLC SC$17.2M · 0.05%
Detyens Shipyards, Inc. SC$16.6M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570851059 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.