Plan Ledger DOL Form 5500 · updated monthly

Nap Asset Holdings, LTD401(k)

NAP ASSET HOLDINGS 401(K) PLAN · JASPER, IN · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Nap Asset Holdings, LTD reported $71,473 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,371 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 0.47% to 0.52%. 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 730th-largest of 1,562 plans among Indiana employers on file, and 7,196th of 13,661 in manufacturing. In 2024, employees put in $3.01 for every $1.00 the employer contributed; active participation has grown from 207 to 232 since 2022.

Plan summary
Net assets, end of year$14,632,268
Participants with balances281
Active participants232
Employer contributions$318,053
Employee contributions$956,432
Employer contribution per active participant$1,371
Average account balance$52,072
Benefits paid to participants$1,164,327
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 281 accts · $318K emplr
2023$12.9M · 281 accts · $295K emplr
2022$12.1M · 265 accts · $276K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,473
Total administrative$71,473
The Nap Asset Holdings, LTD 401(k) match · 2024
Employer contribution per active participant$1,371
Median for plans this size$2,416
2024$1,371 per active participant
2023$1,250 per active participant
2022$1,333 per active participant

Nap Asset Holdings, LTD'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$71,473
CREATIVE PLANNING, INC. · Investment advisory (plan)indirect comp

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$71,473 · 0.52%
2023$61,112 · 0.49%
2022$63,560 · 0.47%
Same employer
Similar plansManufacturing · Indiana
Uniseal Inc. IN$15.1M · 0.36%
Aero Metals, Inc. IN$15.1M · 0.33%
Schafer Industries Inc. IN$14.7M · 0.11%
Messenger, LLC IN$14.5M · 0.23%
Pmg Indiana LLC IN$14.4M · 0.02%
Dorel Juvenile Group, Inc. IN$14.3M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455490231 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.