Plan Ledger DOL Form 5500 · updated monthly

National Dance Institute New Mexico401(k)

NATIONAL DANCE INSTITUTE - NM 401(K) PLAN · SANTA FE, NM · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

National Dance Institute New Mexico reported $4,927 in plan administrative expenses for 2024: 0.38% of average plan assets, below the peer median. Employer contributions averaged $1,161 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans. By assets it is among the smaller plans on file in New Mexico (256th of 290). In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,282,908
Participants with balances104
Active participants98
Employer contributions$113,798
Employee contributions$216,731
Employer contribution per active participant$1,161
Average account balance$12,336
Benefits paid to participants$10,871
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,799
Investment management$2,128
Total administrative$4,927
The National Dance Institute New Mexico 401(k) match · 2024
Employer contribution per active participant$1,161
Median for plans this size$1,313

National Dance Institute New Mexico's 2024 employer contribution ran below the $1,313 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
MORGAN STANLEY · Investment advisory (plan)$2,128

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

Administrative cost history1
2024$4,927 · 0.38%
Similar plansplans of similar size
New Legend, Inc. AZ$1.3M · 1.42%
Harmonium, Inc. CA$1.3M · 0.56%
Ra Ccs, LLC TX$1.3M · 0.11%
Tromi Corporation OH$1.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850431846 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.