Plan Ledger DOL Form 5500 · updated monthly

Nations Lending Corporation401(k)

NATIONS LENDING 401(K) PLAN · INDEPENDENCE, OH · plan year 2022

Reported admin expense ratio · 2022
0.78%

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

Nations Lending Corporation reported $201,867 in plan administrative expenses for 2022: 0.78% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,805 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 fell from 0.78% to 0.70%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,099th-largest of 3,295 plans among Ohio employers on file, and the 4,667th of 11,654 in professional & technical services. In 2022, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,650,310
Participants with balances670
Active participants477
Employer contributions$2,291,752
Employee contributions$4,574,927
Employer contribution per active participant$4,805
Average account balance$38,284
Benefits paid to participants$4,010,166
Plan auditUnmodified (clean) audit opinion
AuditorAPPLE GROWTH PARTNERS
Plan history3
Yearassets · accounts · employer contribution
2024$24.6M · 442 accts · $780K emplr
2023$23.6M · 509 accts · $1.4M emplr
2022$25.7M · 670 accts · $2.3M emplr
Administrative expenses, itemized · 2022
Professional / advisory$201,867
Total administrative$201,867
The Nations Lending Corporation 401(k) match · 2022
Employer contribution per active participant$4,805
Median for plans this size$2,266
2024$1,295 per active participant
2023$2,302 per active participant
2022$4,805 per active participant

Nations Lending Corporation's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$169,255 · 0.70%
2023$193,054 · 0.78%
2022$201,867 · 0.78%
Same employer
Similar plansProfessional & Technical Services · Ohio
Empower Media Partners, LLC OH$25.9M · 0.24%
Keyfactor, Inc. OH$25.7M · 0.06%
United Audit Systems Inc. OH$25.6M · 0.47%
The Shipyard, LLC OH$25.3M · 0.31%
Olive Ai, Inc. OH$25.3M · 0.80%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 770605392 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.