Plan Ledger DOL Form 5500 · updated monthly

Near North Title Group, LLC401(k)

NEAR NORTH TITLE GROUP 401(K) P/S PLAN · CARMEL, IN · plan year 2023

Reported admin expense ratio · 2023
1.36%

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

Near North Title Group, LLC reported $47,832 in plan administrative expenses for 2023: 1.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $469 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 1 year on file its reported administrative ratio rose from 0.69% to 1.36%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Indiana (1,205th of 1,562), and 1,566th of 2,096 in real estate & leasing. In 2023, employees put in $5.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,587,617
Participants with balances239
Active participants224
Employer contributions$105,060
Employee contributions$618,808
Employer contribution per active participant$469
Average account balance$19,195
Benefits paid to participants$254,095
Plan auditUnmodified (clean) audit opinion
AuditorWARADY & DAVIS LLP
Plan history2
Yearassets · accounts · employer contribution
2023$4.6M · 239 accts · $105K emplr
2022$2.5M · 137 accts · $96K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,902
Audit (IQPA)$25,930
Total administrative$47,832
The Near North Title Group, LLC 401(k) match · 2023
Employer contribution per active participant$469
Median for plans this size$1,308
2023$469 per active participant
2022$738 per active participant

Near North Title Group, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
NEAR NORTH · Accounting / audit$26,000
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$21,901
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)indirect comp

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

Administrative cost history2
2023$47,832 · 1.36%
2022$18,006 · 0.69%
Same employer
Similar plansReal Estate & Leasing · Indiana
Premier Truck Rental, LLC IN$6.3M · 0.29%
Adams Remco, Inc. IN$5.7M · 0.98%
Van Rooy Properties, Inc IN$4.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833626480 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.