Plan Ledger DOL Form 5500 · updated monthly

Ex Nihilo Capital401(k)

EX NIHILO CAPITAL 401(K) PLAN · BLACKSBURG, VA · plan year 2024

Reported admin expense ratio · 2024
1.11%

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

Ex Nihilo Capital reported $12,215 in plan administrative expenses for 2024: 1.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $293 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Virginia (2,165th of 2,266), and 4,715th of 4,798 in finance & insurance. In 2024, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,104,202
Participants with balances376
Active participants516
Employer contributions$151,282
Employee contributions$202,609
Employer contribution per active participant$293
Average account balance$2,937
Benefits paid to participants$64,888
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,413
Investment management$2,002
Total administrative$12,215
The Ex Nihilo Capital 401(k) match · 2024
Employer contribution per active participant$293
Median for plans this size$1,313

Ex Nihilo Capital's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
THE VANGUARD GROUP, INC. · Contract administrator · Recordkeeping$9,413
DUNBAR ASSOCIATES LLC · Investment advisory (plan)$2,002
THE BENEFIT PRACTICE · Consulting · Contract administrator$800

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

Administrative cost history1
2024$12,215 · 1.11%
Similar plansFinance & Insurance · Virginia
Spring Oaks Capital VA$4.1M · 1.91%
Ovm Financial, Inc. VA$2.7M · 0.83%
Prosper Group, LLC VA$1.7M · 0.65%
Tater Holdings Inc. ID$1.2M · 1.52%
Ffi Holdings Florida Inc. FL$1.1M · 1.22%
Super Home Inc. CA$1.1M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 851951555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.