Plan Ledger DOL Form 5500 · updated monthly

Nakanishi Manufacturing Corporation401(k)

NAKANISHI MANUFACTURING CORPORATION TEAM 401(K) SAVINGS PLAN · WINTERVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Nakanishi Manufacturing Corporation reported $36,094 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $1,869 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 3 years on file its reported administrative ratio has held roughly steady near 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,472nd of 2,160), and 10,257th of 13,661 in manufacturing. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 104 to 118 since 2022.

Plan summary
Net assets, end of year$6,860,413
Participants with balances113
Active participants118
Employer contributions$220,485
Employee contributions$303,398
Employer contribution per active participant$1,869
Average account balance$60,712
Benefits paid to participants$891,796
Plan auditUnmodified (clean) audit opinion
AuditorBATES, CARTER, & CO. LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 113 accts · $220K emplr
2023$6.5M · 113 accts · $142K emplr
2022$6.1M · 116 accts · $208K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,949
Investment management$17,145
Total administrative$36,094
The Nakanishi Manufacturing Corporation 401(k) match · 2024
Employer contribution per active participant$1,869
Median for plans this size$1,313
2024$1,869 per active participant
2023$1,350 per active participant
2022$1,998 per active participant

Nakanishi Manufacturing Corporation's 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,949
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$16,199

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$36,094 · 0.54%
2023$31,563 · 0.50%
2022$36,034 · 0.53%
Same employer
Similar plansManufacturing · Georgia
Denyse Signs, Inc. GA$7.0M · 0.82%
Cjb Chemical Corporation GA$6.9M · 0.39%
Die-Tech Industries, Inc. GA$6.5M · 0.13%
Swan Products LLC GA$6.5M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581760616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.