Plan Ledger DOL Form 5500 · updated monthly

Nypro Puerto Rico, Inc.401(k)

NYPRO PUERTO RICO, INC. 401(K) RETIREMENT PLAN · CAYEY, PR · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Nypro Puerto Rico, Inc. reported $48,592 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $930 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 0.15% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 108th-largest of 323 plans among PR employers on file, and 7,395th of 11,654 in professional & technical services. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has shrunk from 503 to 397 since 2022.

Plan summary
Net assets, end of year$11,983,484
Participants with balances421
Active participants397
Employer contributions$369,094
Employee contributions$717,152
Employer contribution per active participant$930
Average account balance$28,464
Benefits paid to participants$1,729,333
Plan auditUnmodified (clean) audit opinion
AuditorKAVANE GRANT THORNTON LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 421 accts · $369K emplr
2023$11.4M · 496 accts · $464K emplr
2022$9.8M · 592 accts · $242K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,592
Total administrative$48,592
The Nypro Puerto Rico, Inc. 401(k) match · 2024
Employer contribution per active participant$930
Median for plans this size$2,416
2024$930 per active participant
2023$1,023 per active participant
2022$480 per active participant

Nypro Puerto Rico, Inc.'s 2024 employer contribution ran below the $2,416 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
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$48,592

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$48,592 · 0.41%
2023$54,786 · 0.51%
2022$15,449 · 0.15%
Same employer
Similar plansProfessional & Technical Services · PR
Dorado Health, Inc. PR$15.2M · 0.64%
Kevane Grant Thornton, LLP PR$14.6M · 0.09%
Cpm Pr, LLC PR$10.0M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 660320194 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.