Plan Ledger DOL Form 5500 · updated monthly

Nally & Hamilton Enterprises, Inc.401(k)

NALLY & HAMILTON ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN · BARDSTOWN, KY · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Nally & Hamilton Enterprises, Inc. reported $48,164 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $1,663 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 0.44% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 380th-largest of 871 plans among Kentucky employers on file, and 365th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,240,848
Participants with balances197
Active participants207
Employer contributions$344,276
Employee contributions$501,214
Employer contribution per active participant$1,663
Average account balance$72,289
Benefits paid to participants$856,764
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 197 accts · $344K emplr
2023$12.5M · 202 accts · $349K emplr
2022$10.9M · 203 accts · $314K emplr
The Nally & Hamilton Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$1,663
Median for plans this size$2,416
2024$1,663 per active participant
2023$1,438 per active participant
2022$1,394 per active participant

Nally & Hamilton Enterprises, Inc.'s 2024 employer contribution ran below the $2,416 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
AMERICAN TRUST COMPANY · Trustee (discretionary) · Contract administrator$28,906
FIRST BANKERS TRUST · Investment advisory (plan)$19,258

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

Recordkeeper by year2
2024AMERICAN TRUST COMPANY
2023AMERICAN TRUST COMPANY

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

Administrative cost history3
2024$48,164 · 0.36%
2023$56,685 · 0.49%
2022$51,946 · 0.44%
Same employer
Similar plansMining, Oil & Gas Extraction · Kentucky
Ramaco Resources, Inc. KY$38.6M · 1.12%
Haydon Holdings, LLC KY$24.2M · 0.37%
Minova USA Inc. KY$19.4M · 0.39%
Phoenix Coal Holdings, LLC KY$11.8M · 0.40%
Liter's, Inc. KY$6.4M · 1.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 610861287 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.