Plan Ledger DOL Form 5500 · updated monthly

Nexeo Plastics, LLC401(k)

NEXEO PLASTICS, LLC EMPLOYEE SAVINGS PLAN · THE WOODLANDS, TX · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Nexeo Plastics, LLC reported $102,354 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $6,853 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 0.165%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 894th-largest of 5,688 plans among Texas employers on file, and the 642nd of 4,246 in wholesale trade. In 2024, employees put in $1.55 for every $1.00 the employer contributed; active participation has shrunk from 345 to 308 since 2022.

Plan summary
Net assets, end of year$64,696,395
Participants with balances417
Active participants308
Employer contributions$2,110,743
Employee contributions$3,279,543
Employer contribution per active participant$6,853
Average account balance$155,147
Benefits paid to participants$8,586,399
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$64.7M · 417 accts · $2.1M emplr
2023$59.7M · 428 accts · $1.9M emplr
2022$54.4M · 439 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,914
Investment management$47,643
Audit (IQPA)$21,797
Total administrative$102,354
The Nexeo Plastics, LLC 401(k) match · 2024
Employer contribution per active participant$6,853
Median for plans this size$3,635
2024$6,853 per active participant
2023$5,914 per active participant
2022$6,083 per active participant

Nexeo Plastics, LLC's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$47,643
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$32,914
WEAVER AND TIDWELL, LLP · Accounting / audit$21,797

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$102,354 · 0.16%
2023$89,654 · 0.16%
2022$95,581 · 0.16%
Same employer
Similar plansWholesale Trade · Texas
Bwi Companies, Inc. TX$67.4M · 0.32%
Doggett Company, LLC TX$65.0M · 0.36%
Prime Controls, L.P. TX$63.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320581570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.