Plan Ledger DOL Form 5500 · updated monthly

Neyra Industries, Inc.401(k)

NEYRA INDUSTRIES EMPLOYEE SAVINGS & RETIREMENT PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Neyra Industries, Inc. reported $28,832 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $549 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 0.33% to 0.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,193rd of 3,295), and 9,624th of 13,661 in manufacturing. In 2024, employees put in $5.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,098,167
Participants with balances286
Active participants264
Employer contributions$144,847
Employee contributions$856,528
Employer contribution per active participant$549
Average account balance$28,315
Benefits paid to participants$1,078,722
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 286 accts · $145K emplr
2023$7.1M · 270 accts · $117K emplr
2022$7.1M · 253 accts · $104K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,832
Total administrative$28,832
The Neyra Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$549
Median for plans this size$1,313
2024$549 per active participant
2023$461 per active participant
2022$426 per active participant

Neyra Industries, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment managementindirect comp

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$28,832 · 0.38%
2023$25,084 · 0.35%
2022$24,943 · 0.33%
Same employer
Similar plansManufacturing · Ohio
Met-Chem, Inc. OH$8.2M · 0.53%
Republic Wire Inc. OH$8.1M · 0.18%
Radix Wire & Cable, LLC OH$8.1M · 0.34%
Nanotronics Imaging, Inc. OH$8.1M · 0.58%
Zimmer Surgical, Inc. OH$8.0M · 0.02%
Foam Seal, Inc. OH$7.9M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 310862581 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.