Plan Ledger DOL Form 5500 · updated monthly

Neo Chemicals and Oxides, LLC401(k)

NEO PERFORMANCE MATERIALS 401(K) PLAN · GREENWOOD VILLAGE, CO · plan year 2023

Reported admin expense ratio · 2023
0.15%

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

Neo Chemicals and Oxides, LLC reported $34,539 in plan administrative expenses for 2023: 0.15% of average plan assets, below the peer median. Employer contributions averaged $6,758 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 1 year on file its reported administrative ratio rose from 0.11% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 427th-largest of 1,461 plans among Colorado employers on file, and the 273rd of 612 in mining, oil & gas extraction. In 2023, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,872,531
Participants with balances94
Active participants40
Employer contributions$270,304
Employee contributions$578,465
Employer contribution per active participant$6,758
Average account balance$264,601
Benefits paid to participants$1,708,954
Plan auditUnmodified (clean) audit opinion
AuditorBDO USA, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$24.9M · 94 accts · $270K emplr
2022$21.7M · 100 accts · $244K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,035
Total administrative$34,539
The Neo Chemicals and Oxides, LLC 401(k) match · 2023
Employer contribution per active participant$6,758
Median for plans this size$2,440
2023$6,758 per active participant
2022$6,101 per active participant

Neo Chemicals and Oxides, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
USI ADVISORS INC$12,504

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

Administrative cost history2
2023$34,539 · 0.15%
2022$25,932 · 0.11%
Similar plansMining, Oil & Gas Extraction · Colorado
Qb Energy Management, LLC CO$36.9M · 0.42%
Caerus Operating LLC CO$34.6M · 0.39%
Bisti Fuels Company, LLC CO$24.1M · 0.11%
Revenir Energy Services LLC CO$22.7M · 0.45%
Permian Resources CO$22.0M · 0.07%
Ikav Energy Inc. CO$15.2M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943168647 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.