Plan Ledger DOL Form 5500 · updated monthly

Neal Merchant Enterprises, Inc.401(k)

BATTLEFIELD RETIREMENT PLAN · CULPEPER, VA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Neal Merchant Enterprises, Inc. reported $47,494 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $3,138 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 3 years on file its reported administrative ratio has held roughly steady near 0.45%. 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 among the smaller plans on file in Virginia (1,373rd of 2,266), and the 2,393rd of 5,215 in retail trade. In 2024, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,309,222
Participants with balances151
Active participants123
Employer contributions$385,958
Employee contributions$795,398
Employer contribution per active participant$3,138
Average account balance$74,896
Benefits paid to participants$1,137,276
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 151 accts · $386K emplr
2023$9.9M · 156 accts · $395K emplr
2022$10.1M · 172 accts · $447K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,333
Investment management$26,145
Trustee / custodial$4,016
Total administrative$47,494
The Neal Merchant Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$3,138
Median for plans this size$2,416
2024$3,138 per active participant
2023$3,131 per active participant
2022$3,386 per active participant

Neal Merchant Enterprises, Inc.'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 · 20243
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$17,334
JACKSON AVENUE, LLC · Investment advisory (participants) · Investment advisory (plan)$26,145
MID ATLANTIC TRUST COMPANY · Custodial (securities) · Loan processing$4,016

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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Administrative cost history3
2024$47,494 · 0.45%
2023$42,690 · 0.43%
2022$62,014 · 0.47%
All plans at this employer2
BATTLEFIELD RETIREMENT PLAN401(k)
BATTLEFIELD RETIREMENT PLAN401(k)
Similar plansRetail Trade · Virginia
Jetcars, Inc VA$12.9M · 0.53%
Berry Enterprises, Inc. VA$12.1M · 0.04%
Foster Fuels, Inc. VA$11.7M · 0.33%
Pohanka Auto Center, Inc. VA$11.2M · 0.63%
Jerrys Ford Sales, Inc. VA$10.9M · 0.49%
Paxton van Lines, Inc. VA$10.6M · 0.10%
Kerecis, LLC VA$10.4M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541619996 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.