Plan Ledger DOL Form 5500 · updated monthly

Momentum Manufacturing Group401(k)

NSA INDUSTRIES 401(K) PROFIT SHARING PLAN · ST. JOHNSBURY, VT · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Momentum Manufacturing Group reported $72,144 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $639 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 fell from 0.49% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 89th-largest of 230 plans among Vermont employers on file, and the 5,654th of 13,661 in manufacturing. In 2024, employees put in $3.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,493,679
Participants with balances334
Active participants447
Employer contributions$285,601
Employee contributions$1,121,687
Employer contribution per active participant$639
Average account balance$64,352
Benefits paid to participants$1,361,651
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.5M · 334 accts · $286K emplr
2023$19.0M · 348 accts · $264K emplr
2022$15.3M · 323 accts · $257K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,437
Investment management$30,707
Total administrative$72,144
The Momentum Manufacturing Group 401(k) match · 2024
Employer contribution per active participant$639
Median for plans this size$2,416
2024$639 per active participant
2023$541 per active participant
2022$521 per active participant

Momentum Manufacturing Group's 2024 employer contribution ran below the $2,416 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
ADP, INC. · Loan processing · Recordkeeping$41,437
COMMONWEALTH EQUITY SERVICES, INC. · Recordkeeping · Trustee$28,110
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, COMMONWEALTH EQUITY SERVICES, INC.
2023ADP, COMMONWEALTH EQUITY SERVICES, INC.

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

Administrative cost history3
2024$72,144 · 0.36%
2023$74,773 · 0.44%
2022$74,028 · 0.49%
Similar plansManufacturing · Vermont
Hayward Tyler, Inc. VT$25.2M · 0.28%
Foodscience, LLC VT$20.7M · 0.51%
Cersosimo Lumber Co., Inc. VT$19.9M · 0.25%
Hubbardton Forge, LLC VT$19.7M · 0.35%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 823027983 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.