Plan Ledger DOL Form 5500 · updated monthly

Plexus Scientific Corporation401(k)

PLEXUS SCIENTIFIC CORPORATION RETIREMENT SAVINGS PLAN · ALEXANDRIA, VA · plan year 2023

Reported admin expense ratio · 2023
0.27%

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

Plexus Scientific Corporation reported $27,124 in plan administrative expenses for 2023: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,430 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 0.27% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,422nd of 2,266), and 7,811th of 11,654 in professional & technical services. In 2023, employees put in $3.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,614,013
Participants with balances126
Active participants76
Employer contributions$184,675
Employee contributions$689,150
Employer contribution per active participant$2,430
Average account balance$84,238
Benefits paid to participants$1,192,189
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 124 accts · $188K emplr
2023$10.6M · 126 accts · $185K emplr
2022$9.5M · 125 accts · $159K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,435
Investment management$25,689
Total administrative$27,124
The Plexus Scientific Corporation 401(k) match · 2023
Employer contribution per active participant$2,430
Median for plans this size$2,440
2024$2,476 per active participant
2023$2,430 per active participant
2022$1,939 per active participant

Plexus Scientific Corporation's 2023 employer contribution ran below the $2,440 median for plans its size. 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 · 20233
AMERIPRISE FINANCIAL · Recordkeeping · Trustee$24,434
ADP, INC. · Loan processing · Recordkeeping$2,689
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, AMERIPRISE FINANCIAL
2023ADP, AMERIPRISE FINANCIAL

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

Administrative cost history3
2024$31,190 · 0.30%
2023$27,124 · 0.27%
2022$28,604 · 0.27%
All plans at this employer2
PLEXUS SCIENTIFIC CORPORATION RETIREMENT SAVINGS PLAN401(k)
PLEXUS SCIENTIFIC CORPORATION EMPLOYEE STOCK OWNERSHIP PLANESOP
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Genex Systems LLC VA$10.7M · 0.23%
Oneglobe LLC VA$10.6M · 0.26%
Crofton Diving Corporation VA$10.6M · 0.45%
Intact Technology Inc VA$10.6M · 0.39%
Miracle Systems LLC VA$10.6M · 0.39%
R & K Solutions, Inc VA$10.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222786256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.