Plan Ledger DOL Form 5500 · updated monthly

Nasco Education LLC401(k)

NASCO 401(K) PLAN · FORT ATKINSON, WI · plan year 2023

Reported admin expense ratio · 2023
0.32%

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

Nasco Education LLC reported $63,767 in plan administrative expenses for 2023: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,407 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 1 year on file its reported administrative ratio fell from 0.39% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is the 838th-largest of 1,936 plans among Wisconsin employers on file, and the 1,409th of 5,215 in retail trade. In 2023, employees put in $3.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,800,251
Participants with balances425
Active participants312
Employer contributions$438,972
Employee contributions$1,365,168
Employer contribution per active participant$1,407
Average account balance$48,942
Benefits paid to participants$3,306,725
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$20.8M · 425 accts · $439K emplr
2022$19.0M · 458 accts · $481K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$63,767
Total administrative$63,767
The Nasco Education LLC 401(k) match · 2023
Employer contribution per active participant$1,407
Median for plans this size$2,440
2023$1,407 per active participant
2022$1,297 per active participant

Nasco Education LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$63,767
MMA SECURITIES LLC · 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 history2
2023$63,767 · 0.32%
2022$85,832 · 0.39%
Same employer
Similar plansRetail Trade · Wisconsin
The MD Group LLC WI$22.8M · 0.47%
River Country Co-Op WI$22.7M · 0.54%
Ivan Gandrud Chevrolet, Inc WI$21.0M · 0.14%
T.R. Nelson, Inc. WI$20.7M · 0.67%
Gross Motors, Inc. WI$20.5M · 0.03%
Holiday Auto WI$20.3M · 0.46%
Rogan Shoes, Incorporated WI$19.3M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812923579 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.