Plan Ledger DOL Form 5500 · updated monthly

Opex Corporation/Opex International401(k)

OPEX CORPORATION 401K PROFIT SHARING PLAN · MOORESTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Opex Corporation/Opex International reported $334,675 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $1,500 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 0.21% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 230th-largest of 2,419 plans among New Jersey employers on file, and the 1,183rd of 13,661 in manufacturing. In 2024, employees put in $4.28 for every $1.00 the employer contributed; active participation has shrunk from 1,766 to 1,418 since 2022.

Plan summary
Net assets, end of year$194,170,964
Participants with balances1,654
Active participants1,418
Employer contributions$2,127,560
Employee contributions$9,114,875
Employer contribution per active participant$1,500
Average account balance$117,395
Benefits paid to participants$11,481,619
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$194.2M · 1,654 accts · $2.1M emplr
2023$169.0M · 1,763 accts · $1.9M emplr
2022$141.6M · 2,166 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$248,185
Investment management$85,290
Total administrative$334,675
The Opex Corporation/Opex International 401(k) match · 2024
Employer contribution per active participant$1,500
Median for plans this size$3,635
2024$1,500 per active participant
2023$1,196 per active participant
2022$1,752 per active participant

Opex Corporation/Opex International's 2024 employer contribution ran below the $3,635 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
LINCOLN NATIONAL CORPORATION · Contract administrator$50,119
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$15,205

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$334,675 · 0.18%
2023$346,795 · 0.22%
2022$316,077 · 0.21%
Same employer
Similar plansManufacturing · New Jersey
Mistras Group, Inc. NJ$201.4M · 0.15%
Ferrero U.S.A., Inc. NJ$197.7M · 0.07%
J & J Snack Foods Corp. NJ$176.0M · 0.32%
Ws Audiology USA, Inc. NJ$174.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222013892 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.