Plan Ledger DOL Form 5500 · updated monthly

National Oak Distributors, Inc.401(k)

NATIONAL OAK DISTRIBUTORS, INC. 401(K) PLAN · WEST PALM BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

National Oak Distributors, Inc. reported $30,662 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $1,033 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 3 years on file its reported administrative ratio has held roughly steady near 0.169%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,145th-largest of 3,644 plans among Florida employers on file, and the 1,954th of 4,246 in wholesale trade. In 2024, employees put in $4.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,324,730
Participants with balances470
Active participants373
Employer contributions$385,327
Employee contributions$1,544,869
Employer contribution per active participant$1,033
Average account balance$41,116
Benefits paid to participants$2,699,693
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.3M · 470 accts · $385K emplr
2023$17.0M · 480 accts · $400K emplr
2022$14.0M · 479 accts · $321K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,662
Investment management$18,000
Total administrative$30,662
The National Oak Distributors, Inc. 401(k) match · 2024
Employer contribution per active participant$1,033
Median for plans this size$2,416
2024$1,033 per active participant
2023$1,054 per active participant
2022$776 per active participant

National Oak Distributors, Inc.'s 2024 employer contribution ran below the $2,416 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
LPL FINANCIAL LLC · Investment advisory (plan)$18,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,662

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$30,662 · 0.17%
2023$29,320 · 0.19%
2022$25,975 · 0.17%
Same employer
Similar plansWholesale Trade · Florida
City Beverages, LLC FL$20.5M · 0.39%
Aso LLC FL$20.5M · 0.04%
Cone Distributing, Inc. FL$19.8M · 0.56%
The Lewis Bear Company FL$19.5M · 0.54%
Advantus Corporation FL$18.8M · 0.13%
A & M Supply Holdings, Inc. FL$18.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953180805 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.