Employers › Plexus
Recordkeeping fees per participant · Plexus Corp. 401(k) Retirement Plan · plan year 2024
$53.49
Higher than 55% of the 1,697 plans $250M to 1B that report it.
= $223,501 / 4,178
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250715081435NAL0001162355001, received 2025-07-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250715081435NAL0001162355001, received 2025-07-15
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-15.
Administrative expenses excluding investment management, per participant
$63.61
Higher than 46% of the 2,324 plans $250M to 1B that report it.
= $265,778 / 4,178
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250715081435NAL0001162355001, received 2025-07-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250715081435NAL0001162355001, received 2025-07-15
Administrative expenses per participant
$110.18
Higher than 65% of the 2,405 plans $250M to 1B that report it.
= $460,329 / 4,178
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250715081435NAL0001162355001, received 2025-07-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250715081435NAL0001162355001, received 2025-07-15
Administrative expenses as a share of assets
0.076%
Higher than 52% of the 2,407 plans $250M to 1B that report it.
= $460,329 / $606,090,256
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250715081435NAL0001162355001, received 2025-07-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250715081435NAL0001162355001, received 2025-07-15
Employer contributions per participant
$2,369
Higher than 35% of the 2,457 plans $250M to 1B that report it.
= $9,898,302 / 4,178
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250715081435NAL0001162355001, received 2025-07-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250715081435NAL0001162355001, received 2025-07-15
Employer share of total contributions
26.4%
Higher than 34% of the 2,459 plans $250M to 1B that report it.
= $9,898,302 / $37,486,394
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250715081435NAL0001162355001, received 2025-07-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250715081435NAL0001162355001, received 2025-07-15
Employer match
“The discretionary Company matching contribution will be determined on an annual basis; however, on a per pay period basis, the Company makes a matching contribution on behalf of each eligible participant equal to 100% of the first 4% of the participant’s compensation contributed to the Plan.”
Form 11-K filed 2026-06-18, for the year ended 2025-12-31 · plan description note, contributions · source document
Eligibility
“Employees are eligible to participate immediately following their date of hire.”
Form 11-K filed 2026-06-18, for the year ended 2025-12-31 · plan description note, general (fallback) · source document
Vesting
“For participants hired after January 1, 2024, participant contributions are fully and immediately vested, and the Company matching contribution is fully vested on a three-year cliff schedule.”
Form 11-K filed 2026-06-18, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“New hires and rehires are subject to the automatic enrollment provisions under the Plan.”
Form 11-K filed 2026-06-18, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250715081435NAL0001162355001, received 2025-07-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | PLEXUS CORP. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Plan name | PLEXUS CORP. 401(K) RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Sponsor EIN / plan number | 39-1344447 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Sponsor location | NEENAH, WI | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Industry (business code) | 551112, Management of companies and enterprises | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Filing received | 2025-07-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Participants, beginning of year | 4,818 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Active participants | 2,714 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Participants, end of year | 4,328 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Participants with an account balance | 4,178 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Total assets, beginning of year | $542,567,976 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Total assets, end of year | $606,090,256 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Net assets, end of year | $606,090,256 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Total income | $119,929,078 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Net income | $63,522,280 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Employer contributions | $9,898,302 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Participant contributions | $23,637,500 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Other contributions (incl. rollovers) | $3,950,592 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Total contributions | $37,486,394 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Benefit payments | $55,946,469 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Total expenses (incl. benefit payments) | $56,406,798 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Total administrative expenses | $460,329 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Recordkeeping fees | $223,501 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| IQPA audit fees | $39,285 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Investment advisory and management fees | $194,551 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Administrative expenses excluding investment management | $265,778 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Held in common/collective trusts | $415,872,423 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Held in mutual funds | $161,110,316 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250715081435NAL0001162355001, received 2025-07-15 |
| Independent auditor | WIPFLI LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250715081435NAL0001162355001, received 2025-07-15 |
Position = column in the DOL layout for form year 2024. Filing 20250715081435NAL0001162355001, received 2025-07-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| T ROWE PRICE RPS INCrecordkeeper | NONE | 15 Recordkeeping and information management; 21 Trustee (bank, trust company or similar); 25 Trustee (directed); 28 Investment management; 37 Participant loan processing; 38 Participant communication; 49 Other services; 50 Direct payment from the plan; 52 Investment management fees paid indirectly by plan; 59 Shareholder servicing fees; 62 Float revenue; 64 Recordkeeping fees; 65 Account maintenance fees | $223,501 | yes |
| FRANCIS INVESTMENT COUNSEL LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $116,299 | no |
| FRANCIS INVESTMENT COUNSEL LLC | NONE | 27 Investment advisory (plan); 50 Direct payment from the plan | $78,252 | no |
| WIPFLI LLP | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $28,885 | no |
| GRANT THORNTON LLP | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $10,400 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250715081435NAL0001162355001, received 2025-07-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $542,567,976 | $606,090,256 | 11.7% |
| Participants with a balance | 4,647 | 4,178 | -10.1% |
| Administrative expenses | $447,289 | $460,329 | 2.9% |
| Recordkeeping fees per participant | $51.31 | $53.49 | 4.3% |
| Employer contributions | $10,192,661 | $9,898,302 | -2.9% |
Prior filing 20240726065508NAL0015604529001, received 2024-07-26; the plan years are contiguous.
Sponsor name as filed: PLEXUS CORP.; SEC registrant: PLEXUS CORP (CIK 785786, matched by EIN; display name from the Form 11-K cover).