Plan Ledger DOL Form 5500 · updated monthly

Nyx, Inc.401(k)

NYX, INC. & AFFILIATES 401(K) PLAN · PLYMOUTH, MI · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Nyx, Inc. reported $149,619 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $368 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 fell from 0.41% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 511th-largest of 2,619 plans among Michigan employers on file, and the 3,115th of 13,661 in manufacturing. In 2024, employees put in $4.68 for every $1.00 the employer contributed; active participation has grown from 2,925 to 3,251 since 2022.

Plan summary
Net assets, end of year$50,752,286
Participants with balances2,838
Active participants3,251
Employer contributions$1,196,148
Employee contributions$5,596,632
Employer contribution per active participant$368
Average account balance$17,883
Benefits paid to participants$4,132,012
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$50.8M · 2,838 accts · $1.2M emplr
2023$42.4M · 2,190 accts · $1.0M emplr
2022$33.8M · 2,129 accts · $889K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,988
Investment management$65,631
Total administrative$149,619
The Nyx, Inc. 401(k) match · 2024
Employer contribution per active participant$368
Median for plans this size$2,416
2024$368 per active participant
2023$343 per active participant
2022$304 per active participant

Nyx, 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$83,988
RPA FINANCIAL LLC · Investment advisory (plan)$42,088
FLAGSTAR ADVISORS · Investment advisory (plan)$23,543

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$149,619 · 0.32%
2023$130,843 · 0.34%
2022$146,227 · 0.41%
Same employer
Similar plansManufacturing · Michigan
Ervin Industries, Inc. MI$52.0M · 0.01%
Garr Tool Company, Inc. MI$51.9M · 0.02%
The Paslin Company MI$51.1M · 0.26%
Creative Foam Corporation MI$50.9M · 0.06%
Mag Automotive, LLC MI$50.0M · 0.17%
Chelsea Milling Company MI$49.8M · 0.14%
Duravent, Inc. MI$48.7M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382806132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.