Plan Ledger DOL Form 5500 · updated monthly

Nexus Pharmaceuticals, LLC401(k)

NEXUS PHARMACEUTICALS, LLC 401(K) AND PROFIT SHARING PLAN · LINCOLNSHIRE, IL · plan year 2023

Reported admin expense ratio · 2023
0.43%

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

Nexus Pharmaceuticals, LLC reported $60,243 in plan administrative expenses for 2023: 0.43% of average plan assets, above the peer median. Employer contributions averaged $3,481 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 rose from 0.41% to 0.47%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (1,925th of 3,702), and the 6,804th of 13,661 in manufacturing. In 2023, employees put in $2.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,028,676
Participants with balances231
Active participants203
Employer contributions$706,557
Employee contributions$1,616,368
Employer contribution per active participant$3,481
Average account balance$69,388
Benefits paid to participants$606,881
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 185 accts · $537K emplr
2023$16.0M · 231 accts · $707K emplr
2022$12.1M · 179 accts · $785K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$27,443
Investment management$32,800
Total administrative$60,243
The Nexus Pharmaceuticals, LLC 401(k) match · 2023
Employer contribution per active participant$3,481
Median for plans this size$2,440
2024$5,709 per active participant
2023$3,481 per active participant
2022$4,024 per active participant

Nexus Pharmaceuticals, LLC's 2023 employer contribution ran above the $2,440 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 · 20232
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$27,443
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$32,800

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$66,446 · 0.47%
2023$60,243 · 0.43%
2022$51,887 · 0.41%
Same employer
Similar plansManufacturing · Illinois
Lake County Press, Inc. IL$16.4M · 0.12%
Rukel Management, LLC IL$16.2M · 0.09%
Peer Foods Group, Inc. IL$15.9M · 0.04%
Chicago Dryer Company IL$15.8M · 0.30%
Chicago Rivet & Machine Co. IL$15.8M · 0.17%
Fisher Printing, Inc. IL$15.8M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200324645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.