Plan Ledger DOL Form 5500 · updated monthly

Nationwide Marketing Group LLC401(k)

NATIONWIDE MARKETING GROUP 401(K) PLAN · WINSTON SALEM, NC · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Nationwide Marketing Group LLC reported $47,873 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $4,071 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 0.36% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 736th-largest of 2,005 plans among North Carolina employers on file, and the 5,563rd of 11,654 in professional & technical services. In 2024, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,924,891
Participants with balances363
Active participants303
Employer contributions$1,233,596
Employee contributions$2,488,230
Employer contribution per active participant$4,071
Average account balance$54,890
Benefits paid to participants$3,494,988
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.9M · 363 accts · $1.2M emplr
2023$17.3M · 344 accts · $1.1M emplr
2022$11.6M · 298 accts · $822K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,152
Investment management$4,918
Total administrative$47,873
The Nationwide Marketing Group LLC 401(k) match · 2024
Employer contribution per active participant$4,071
Median for plans this size$2,416
2024$4,071 per active participant
2023$3,539 per active participant
2022$2,778 per active participant

Nationwide Marketing Group LLC's 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$38,346

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$47,873 · 0.26%
2023$36,001 · 0.25%
2022$41,531 · 0.36%
Similar plansProfessional & Technical Services · North Carolina
McGill Associates, P.A. NC$20.7M · 0.40%
James S. Farrin P.C. NC$19.9M · 0.08%
Kymanox Corporation NC$19.6M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550817538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.