Plan Ledger DOL Form 5500 · updated monthly

Nachi America, Inc.401(k)

NACHI RETIREMENT PLAN · GREENWOOD, IN · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Nachi America, Inc. reported $12,855 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,205 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 0.05% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 406th-largest of 1,562 plans among Indiana employers on file, and the 1,262nd of 4,246 in wholesale trade. In 2024, employees put in $4.85 for every $1.00 the employer contributed; active participation has grown from 265 to 294 since 2022.

Plan summary
Net assets, end of year$32,763,274
Participants with balances371
Active participants294
Employer contributions$354,170
Employee contributions$1,718,333
Employer contribution per active participant$1,205
Average account balance$88,311
Benefits paid to participants$3,226,137
Plan auditUnmodified (clean) audit opinion
AuditorKATZ SAPPER AND MILLER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$32.8M · 371 accts · $354K emplr
2023$30.3M · 365 accts · $404K emplr
2022$26.3M · 318 accts · $431K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,643
Investment management$3,212
Total administrative$12,855
The Nachi America, Inc. 401(k) match · 2024
Employer contribution per active participant$1,205
Median for plans this size$2,416
2024$1,205 per active participant
2023$1,338 per active participant
2022$1,626 per active participant

Nachi America, Inc.'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,643

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$12,855 · 0.04%
2023$11,042 · 0.04%
2022$13,941 · 0.05%
Same employer
Similar plansWholesale Trade · Indiana
Gnap, LLC IN$33.1M · 0.02%
Shelby Gravel, Inc. IN$32.9M · 0.53%
Linc Acquisition Co. IN$30.7M · 0.33%
Horner Electric Inc. IN$28.6M · 0.01%
Asa Electronics, LLC IN$25.6M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131968862 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.