Plan Ledger DOL Form 5500 · updated monthly

National Guardian Life Insurance Company401(k)

NATIONAL GUARDIAN LIFE SAVINGS PLAN · MADISON, WI · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

National Guardian Life Insurance Company reported $75,058 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $5,907 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 0.10% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 337th-largest of 1,936 plans among Wisconsin employers on file, and the 1,371st of 4,798 in finance & insurance. In 2024, employees put in $1.43 for every $1.00 the employer contributed; active participation has grown from 297 to 358 since 2022.

Plan summary
Net assets, end of year$64,972,685
Participants with balances530
Active participants358
Employer contributions$2,114,794
Employee contributions$3,032,931
Employer contribution per active participant$5,907
Average account balance$122,590
Benefits paid to participants$4,352,553
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$65.0M · 530 accts · $2.1M emplr
2023$55.2M · 519 accts · $1.9M emplr
2022$48.0M · 496 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,691
Investment management$60,367
Total administrative$75,058
The National Guardian Life Insurance Company 401(k) match · 2024
Employer contribution per active participant$5,907
Median for plans this size$3,635
2024$5,907 per active participant
2023$5,892 per active participant
2022$6,627 per active participant

National Guardian Life Insurance Company's 2024 employer contribution ran above the $3,635 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$60,367

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$75,058 · 0.12%
2023$50,600 · 0.10%
2022$51,542 · 0.10%
Same employer
Similar plansFinance & Insurance · Wisconsin
Neugen LLC WI$72.5M · 0.05%
Educators Credit Union WI$71.3M · 0.02%
Landmark Credit Union WI$65.5M · 0.24%
Skygen USA WI$62.3M · 0.20%
Waukesha State Bank WI$61.7M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390493780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.