Plan Ledger DOL Form 5500 · updated monthly

Natureplex, LLC401(k)

NATUREPLEX LLC 401(K) RETIREMENT PLAN · OLIVE BRANCH, MS · plan year 2023

Reported admin expense ratio · 2023
1.75%

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

Natureplex, LLC reported $9,717 in plan administrative expenses for 2023: 1.75% of average plan assets, above the peer median. Employer contributions averaged $641 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Mississippi (354th of 367), and 13,436th of 13,661 in manufacturing. In 2023, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$574,516
Participants with balances89
Active participants80
Employer contributions$51,253
Employee contributions$81,065
Employer contribution per active participant$641
Average account balance$6,455
Benefits paid to participants$184,663
Plan auditUnmodified (clean) audit opinion
AuditorHHM
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$9,717
Total administrative$9,717
The Natureplex, LLC 401(k) match · 2023
Employer contribution per active participant$641
Median for plans this size$522

Natureplex, LLC's 2023 employer contribution ran above the $522 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$9,717

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

Administrative cost history1
2023$9,717 · 1.75%
Similar plansManufacturing · Mississippi
Warmkraft, Inc. MS$1.5M · 2.04%
Ims Logistics, LLC MS$930K · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621863012 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.