Plan Ledger DOL Form 5500 · updated monthly

John Nalbach Engineering Co., Inc.401(k)

NALBACH COMPANIES, ET. AL. PROFIT SHARING 401K · COUNTRYSIDE, IL · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

John Nalbach Engineering Co., Inc. reported $21,411 in plan administrative expenses for 2023: 0.17% of average plan assets, below the peer median. Employer contributions averaged $1,089 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 0.15% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,170th of 3,702), and 7,871st of 13,661 in manufacturing. In 2023, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,511,628
Participants with balances213
Active participants195
Employer contributions$212,399
Employee contributions$502,339
Employer contribution per active participant$1,089
Average account balance$58,740
Benefits paid to participants$1,854,791
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 215 accts · $170K emplr
2023$12.5M · 213 accts · $212K emplr
2022$12.1M · 209 accts · $190K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,650
Investment management$11,784
Total administrative$21,411
The John Nalbach Engineering Co., Inc. 401(k) match · 2023
Employer contribution per active participant$1,089
Median for plans this size$2,440
2024$783 per active participant
2023$1,089 per active participant
2022$929 per active participant

John Nalbach Engineering Co., Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants) · Investment management$11,482
MUELLER AND CO. LLP$6,008
UBS FINANCIAL SERVICES INCindirect comp

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

Administrative cost history3
2024$20,673 · 0.17%
2023$21,411 · 0.17%
2022$21,062 · 0.15%
Same employer
Similar plansManufacturing · Illinois
Arxium, Inc. IL$13.0M · 0.27%
Litania Sports Group, Inc. IL$12.6M · 0.33%
Johnson & Quin, Inc. IL$12.4M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362265986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.