Plan Ledger DOL Form 5500 · updated monthly

Namdor, Inc.401(k)

NAMDOR, INC. 401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Namdor, Inc. reported $14,652 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.06% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 2,412th-largest of 5,648 plans among New York employers on file, and the 1,373rd of 5,215 in retail trade.

Plan summary
Net assets, end of year$21,570,285
Participants with balances106
Active participants76
Employer contributions$0
Employee contributions$797,416
Employer contribution per active participant$0
Average account balance$203,493
Benefits paid to participants$1,989,983
Plan auditUnmodified (clean) audit opinion
AuditorRBSM LLP CERTIFIED PUBLIC ACCTS
Plan history3
Yearassets · accounts · employer contribution
2024$21.6M · 106 accts
2023$20.6M · 110 accts
2022$17.2M · 106 accts
The Namdor, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Namdor, 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 · 20242
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$14,651
WILSHIRE ASSOCIATES INC. · Named fiduciary$10,689

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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Administrative cost history3
2024$14,652 · 0.07%
2023$13,596 · 0.07%
2022$9,737 · 0.06%
Similar plansRetail Trade · New York
Romano Chrysler, Jeep, Inc. NY$22.2M · 0.02%
Steet/Ponte, Inc. NY$21.9M · 0.55%
Christian Louboutin, LLC NY$21.7M · 0.66%
Slomin's, Inc. NY$21.3M · 0.01%
Barkbox, Inc. NY$21.1M · 0.81%
The Farmer's Dog, Inc. NY$20.9M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131803948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.