Plan Ledger DOL Form 5500 · updated monthly

Oq Chemicals Corporation401(k)

OQ CHEMICALS CORPORATION RETIREMENT PLAN · BAY CITY, TX · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Oq Chemicals Corporation reported $145,649 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $12,800 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 0.16% to 0.15%. 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 671st-largest of 5,688 plans among Texas employers on file, and the 1,963rd of 13,661 in manufacturing. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$96,492,415
Participants with balances457
Active participants281
Employer contributions$3,596,807
Employee contributions$3,263,242
Employer contribution per active participant$12,800
Average account balance$211,143
Benefits paid to participants$16,039,648
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$96.5M · 457 accts · $3.6M emplr
2023$94.0M · 407 accts · $3.6M emplr
2022$82.8M · 396 accts · $3.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,266
Investment management$97,683
Total administrative$145,649
The Oq Chemicals Corporation 401(k) match · 2024
Employer contribution per active participant$12,800
Median for plans this size$3,635
2024$12,800 per active participant
2023$12,734 per active participant
2022$13,122 per active participant

Oq Chemicals Corporation's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20244
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$75,949
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (plan)$69,700
USI SOUTHWEST INCindirect comp
MORNINGSTAR · Investment advisory (plan)indirect comp

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$145,649 · 0.15%
2023$155,271 · 0.18%
2022$144,419 · 0.16%
Same employer
Similar plansManufacturing · Texas
Fifth Generation, Inc TX$105.2M · 0.07%
Farmer Bros. Co. TX$103.5M · 0.20%
Cdi Energy Products, LLC TX$100.4M · 0.22%
Gcc of America, Inc. TX$100.2M · 0.13%
Dril-Quip, Inc. TX$95.2M · 0.15%
Riviana Foods Inc. TX$90.0M · 0.19%
Solmax Geosynthetics, LLC. TX$87.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030611308 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.