Plan Ledger DOL Form 5500 · updated monthly

Nitrex, Inc.401(k)

NITREX/UPC EMPLOYEE RETIREMENT PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Nitrex, Inc. reported $26,435 in plan administrative expenses for 2024: 0.30% of average plan assets, below the peer median. Employer contributions averaged $2,253 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 0.30%. 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 Nevada (222nd of 437), and 9,286th of 13,661 in manufacturing. In 2024, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,883,097
Participants with balances145
Active participants132
Employer contributions$297,424
Employee contributions$567,161
Employer contribution per active participant$2,253
Average account balance$61,263
Benefits paid to participants$1,899,197
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 145 accts · $297K emplr
2023$8.8M · 154 accts · $272K emplr
2022$7.2M · 140 accts · $262K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,435
Total administrative$26,435
The Nitrex, Inc. 401(k) match · 2024
Employer contribution per active participant$2,253
Median for plans this size$1,313
2024$2,253 per active participant
2023$1,918 per active participant
2022$2,096 per active participant

Nitrex, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
JPMORGAN INVEST HOLDINGS LLC$26,435

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$26,435 · 0.30%
2023$22,969 · 0.29%
2022$24,263 · 0.29%
Same employer
Similar plansManufacturing · Nevada
H&T Nevada, LLC NV$10.3M · 0.68%
Armand Agra, Inc. NV$10.1M · 0.04%
C.G.I., Inc. NV$10.1M · 0.62%
Js Products, Inc. NV$8.0M · 0.51%
Arroweye Solutions Inc. NV$7.0M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202867349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.