Plan Ledger DOL Form 5500 · updated monthly

Natcom Bancshares, Inc.401(k)

NATIONAL BANK OF COMMERCE 401(K) PROFIT SHARING PLAN · SUPERIOR, WI · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Natcom Bancshares, Inc. reported $127,161 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,914 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 0.31% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 790th-largest of 1,936 plans among Wisconsin employers on file, and 2,856th of 4,798 in finance & insurance. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 175 to 278 since 2022.

Plan summary
Net assets, end of year$22,708,969
Participants with balances229
Active participants278
Employer contributions$810,078
Employee contributions$1,294,042
Employer contribution per active participant$2,914
Average account balance$99,166
Benefits paid to participants$3,506,951
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.7M · 229 accts · $810K emplr
2023$21.8M · 232 accts · $779K emplr
2022$20.3M · 230 accts · $787K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,821
Investment management$33,340
Total administrative$127,161
The Natcom Bancshares, Inc. 401(k) match · 2024
Employer contribution per active participant$2,914
Median for plans this size$2,416
2024$2,914 per active participant
2023$4,213 per active participant
2022$4,498 per active participant

Natcom Bancshares, Inc.'s 2024 employer contribution ran above 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$93,821
JNBA FINANCIAL ADVISORS · Investment advisory (plan)$33,340

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$127,161 · 0.57%
2023$66,238 · 0.31%
2022$65,773 · 0.31%
Same employer
Similar plansFinance & Insurance · Wisconsin
Citizens Community Federal WI$24.1M · 0.31%
Forward Bank WI$23.1M · 0.36%
Port Washington State Bank WI$22.9M · 0.46%
Verve, a Credit Union WI$22.4M · 0.26%
Citizens Bank WI$22.2M · 0.22%
Vizance, Inc. WI$20.6M · 0.50%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 391921969 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.