Plan Ledger DOL Form 5500 · updated monthly

Ncontracts LLC401(k)

NCONTRACTS 401(K) PLAN · BRENTWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Ncontracts LLC reported $68,921 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $4,213 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 0.53% to 0.34%. 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 490th-largest of 1,496 plans among Tennessee employers on file, and the 4,910th of 11,654 in professional & technical services. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has grown from 317 to 356 since 2022.

Plan summary
Net assets, end of year$23,941,760
Participants with balances401
Active participants356
Employer contributions$1,499,781
Employee contributions$3,060,202
Employer contribution per active participant$4,213
Average account balance$59,705
Benefits paid to participants$1,683,204
Plan auditUnmodified (clean) audit opinion
AuditorKRAFT CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$23.9M · 401 accts · $1.5M emplr
2023$16.7M · 335 accts · $1.3M emplr
2022$11.3M · 287 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,582
Investment management$32,339
Total administrative$68,921
The Ncontracts LLC 401(k) match · 2024
Employer contribution per active participant$4,213
Median for plans this size$2,416
2024$4,213 per active participant
2023$3,379 per active participant
2022$3,284 per active participant

Ncontracts LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ASCENSUS LLC · Loan processing · Recordkeeping$36,582
RESOURCES INVESTMENT ADVISORS · Investment advisory (plan)$15,491
NEWFRONT RETIREMENT SERVICE, INC. · Investment advisory (plan)$15,270

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$68,921 · 0.34%
2023$79,692 · 0.57%
2022$57,387 · 0.53%
Same employer
Similar plansProfessional & Technical Services · Tennessee
Lrk Inc. TN$25.6M · 0.41%
Pickering, Inc. TN$24.2M · 0.55%
Nokian Tyres, Inc. TN$23.9M · 0.16%
Profitsolv Purchaser, Inc. TN$23.7M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300625792 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.