Plan Ledger DOL Form 5500 · updated monthly

Nc, Inc.401(k)

NC INC. EMPLOYEES' SAVINGS & PROFIT SHARING PLAN · VINCENNES, IN · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Nc, Inc. reported $6,985 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,041 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 0.02% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 762nd-largest of 1,562 plans among Indiana employers on file, and the 2,069th of 5,215 in retail trade. In 2024, employees put in $3.87 for every $1.00 the employer contributed; active participation has grown from 160 to 190 since 2022.

Plan summary
Net assets, end of year$13,552,681
Participants with balances150
Active participants190
Employer contributions$197,739
Employee contributions$765,041
Employer contribution per active participant$1,041
Average account balance$90,351
Benefits paid to participants$1,047,738
Plan auditUnmodified (clean) audit opinion
AuditorKEMPER CPA GROUP, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 150 accts · $198K emplr
2023$11.9M · 143 accts · $188K emplr
2022$9.3M · 145 accts · $167K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,318
Total administrative$6,985
The Nc, Inc. 401(k) match · 2024
Employer contribution per active participant$1,041
Median for plans this size$2,416
2024$1,041 per active participant
2023$1,082 per active participant
2022$1,047 per active participant

Nc, 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 · 20241
RETIREMENT PLAN CONCEPTS & SERVICES · Other servicesindirect comp

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$6,985 · 0.05%
2023$1,759 · 0.02%
2022$1,925 · 0.02%
Same employer
Similar plansRetail Trade · Indiana
Lids Holdings Inc. IN$14.5M · 1.07%
Basney Imports, Inc. IN$14.2M · 0.06%
Aaag Holdings, Inc. IN$14.1M · 0.13%
Ttg Equipment LLC IN$13.5M · 0.19%
Button Motors Inc. IN$12.6M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350548790 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.