Plan Ledger DOL Form 5500 · updated monthly

Ndc Asset Management, LLC401(k)

NDC ASSET MANAGEMENT, LLC 401(K) PLAN · BRADENTON, FL · plan year 2022

Reported admin expense ratio · 2022
1.08%

Ndc Asset Management, LLC reported $15,620 in plan administrative expenses for 2022: 1.08% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Florida (3,285th of 3,644), and 745th of 786 in management of companies.

Plan summary
Net assets, end of year$1,314,649
Participants with balances55
Active participants250
Employer contributions—
Employee contributions$178,266
Employer contribution per active participant—
Average account balance$23,903
Benefits paid to participants$221,016
Plan auditUnmodified (clean) audit opinion
AuditorCARON & BELTZER, PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,363
Investment management$8,157
Professional / advisory$1,100
Total administrative$15,620
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 history1
2022$15,620 · 1.08%
Same employer
Similar plansManagement of Companies · Florida
Legendary Svs, LLC FL$4.2M · 1.18%
Stage Capital Florida LLC FL$2.0M · 0.98%
Potluck Hospitality TX$1.5M · 0.72%
Avors Medical Group CA$1.4M · 7.47%
Sunland Capital LLC TX$1.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824402391 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.