Plan Ledger DOL Form 5500 · updated monthly

National Coney Island, Inc.401(k)

NCI RETIREMENT PLAN · ROSEVILLE, MI · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

National Coney Island, Inc. reported $23,923 in plan administrative expenses for 2024: 0.52% of average plan assets, below the peer median. Employer contributions averaged $215 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 $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Michigan (2,013th of 2,619), and the 891st of 2,240 in accommodation & food services. In 2024, employees put in $2.31 for every $1.00 the employer contributed; active participation has grown from 484 to 614 since 2022.

Plan summary
Net assets, end of year$4,932,313
Participants with balances146
Active participants614
Employer contributions$131,939
Employee contributions$304,553
Employer contribution per active participant$215
Average account balance$33,783
Benefits paid to participants$232,557
Plan auditUnmodified (clean) audit opinion
AuditorBULTYNCK & CO., P.L.L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 146 accts · $132K emplr
2023$4.3M · 154 accts · $130K emplr
2022$3.6M · 183 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,827
Investment management$11,096
Total administrative$23,923
The National Coney Island, Inc. 401(k) match · 2024
Employer contribution per active participant$215
Median for plans this size$1,313
2024$215 per active participant
2023$198 per active participant

National Coney Island, Inc.'s 2024 employer contribution ran below the $1,313 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
M HOLDINGS SECURITIES, INC. · Investment advisory (plan)$10,908

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$23,923 · 0.52%
2023$17,349 · 0.44%
2022$22,052 · 0.47%
Same employer
Similar plansAccommodation & Food Services · Michigan
Outdoor Adventures, Inc. MI$5.8M · 0.70%
Miller Apple L.P. MI$4.8M · 0.05%
Michigan Pizza Hut, Inc. MI$4.4M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381907089 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.