Plan Ledger DOL Form 5500 · updated monthly

Nogin Commerce, Inc.401(k)

NOGIN 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
1.03%

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

Nogin Commerce, Inc. reported $25,569 in plan administrative expenses for 2022: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 1.03% to 1.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (4,981st of 5,648), and 10,653rd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$2,683,947
Participants with balances208
Active participants186
Employer contributions$0
Employee contributions$1,001,634
Employer contribution per active participant$0
Average account balance$12,904
Benefits paid to participants$267,196
Plan auditUnmodified (clean) audit opinion
AuditorMACIAS GINI & O'CONNELL LLP
Plan history2
Yearassets · accounts · employer contribution
2023$2.7M · 157 accts
2022$2.7M · 208 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$25,569
Total administrative$25,569
The Nogin Commerce, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Nogin Commerce, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$31,921 · 1.19%
2022$25,569 · 1.03%
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Source: U.S. Department of Labor, Form 5500 series, EIN 271790719 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.