Plan Ledger DOL Form 5500 · updated monthly

Plastic Omnium Lighting Systems Inc.401(k)

PLASTIC OMNIUM LIGHTING SYSTEMS 401(K) PLAN · HENDERSONVILLE, TN · plan year 2023

Reported admin expense ratio · 2023
0.80%

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

Plastic Omnium Lighting Systems Inc. reported $47,874 in plan administrative expenses for 2023: 0.80% of average plan assets, above the peer median. Employer contributions averaged $4,461 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 0.92% to 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (991st of 1,496), and 10,500th of 13,661 in manufacturing. In 2023, employees put in $1.14 for every $1.00 the employer contributed; active participation has shrunk from 231 to 133 since 2022.

Plan summary
Net assets, end of year$6,359,841
Participants with balances390
Active participants133
Employer contributions$593,261
Employee contributions$673,668
Employer contribution per active participant$4,461
Average account balance$16,307
Benefits paid to participants$1,570,990
Plan auditUnmodified (clean) audit opinion
AuditorBLANKENSHIP CPA GROUP,LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 363 accts · $335K emplr
2023$6.4M · 390 accts · $593K emplr
2022$5.6M · 442 accts · $829K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$47,874
Total administrative$47,874
The Plastic Omnium Lighting Systems Inc. 401(k) match · 2023
Employer contribution per active participant$4,461
Median for plans this size$1,308
2024$3,725 per active participant
2023$4,461 per active participant
2022$3,587 per active participant

Plastic Omnium Lighting Systems Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$33,244

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$52,065 · 0.82%
2023$47,874 · 0.80%
2022$55,656 · 0.92%
Same employer
Similar plansManufacturing · Tennessee
Enovate Medical TN$6.5M · 0.88%
Storm Manufacturing Inc. TN$6.5M · 0.65%
M & M Industries Inc TN$6.3M · 1.24%
M3 Technology Group, Inc. TN$6.1M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260819620 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.