Plan Ledger DOL Form 5500 · updated monthly

Neptune Merger Sub I Llc/Neptune Merger Sub II LLC401(k)

NUTRITION & BIOSCIENCES RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.24%

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

Neptune Merger Sub I Llc/Neptune Merger Sub II LLC reported $468,518 in plan administrative expenses for 2022: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $9,463 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 0.24% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other manufacturing employers. By assets it is the 440th-largest of 5,648 plans among New York employers on file, and the 1,105th of 13,661 in manufacturing. In 2022, employees put in $1.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$215,832,283
Participants with balances566
Active participants3,287
Employer contributions$31,105,567
Employee contributions$36,634,931
Employer contribution per active participant$9,463
Average account balance$381,329
Benefits paid to participants$12,460,069
Plan auditUnmodified (clean) audit opinion
AuditorSMOLIN, LUPIN & CO., LLC
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $299K emplr
2024$8.3M · 137 accts · $816K emplr
2023$19.7M · 141 accts · $3.3M emplr
2022$215.8M · 566 accts · $31.1M emplr
Administrative expenses, itemized · 2022
Investment management$109,023
Total administrative$468,518
The Neptune Merger Sub I Llc/Neptune Merger Sub II LLC 401(k) match · 2022
Employer contribution per active participant$9,463
Median for plans this size$3,449
2024$6,747 per active participant
2023$23,959 per active participant
2022$9,463 per active participant

Neptune Merger Sub I Llc/Neptune Merger Sub II LLC's 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2025Not separately reported
2024$18,487 · 0.13%
2023$65,269 · 0.06%
2022$468,518 · 0.24%
Similar plansManufacturing · New York
Tdk U.S.A. Corporation NY$222.2M · 0.05%
Oerlikon USA Holding, Inc. NY$219.7M · 0.13%
Sartorius Corporation NY$218.2M · 0.08%
Lactalis American Group Inc. NY$202.0M · 0.05%
Chobani Global Holdings, LLC NY$195.8M · 0.06%
Avon Products, Inc. NY$195.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853324939 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.