Plan Ledger DOL Form 5500 · updated monthly

Neat & Wilson, Inc401(k)

NEAT COMPANIES 401(K) PLAN · DUNNVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Neat & Wilson, Inc reported $12,343 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,683 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 0.13% to 0.14%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Kentucky (495th of 871), and 3,002nd of 4,246 in wholesale trade. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has shrunk from 186 to 167 since 2022.

Plan summary
Net assets, end of year$9,377,556
Participants with balances125
Active participants167
Employer contributions$281,114
Employee contributions$484,996
Employer contribution per active participant$1,683
Average account balance$75,020
Benefits paid to participants$1,237,160
Plan auditUnmodified (clean) audit opinion
AuditorDEAN DORTON
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 125 accts · $281K emplr
2023$8.2M · 127 accts · $274K emplr
2022$6.7M · 117 accts · $248K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,833
Investment management$5,510
Total administrative$12,343
The Neat & Wilson, Inc 401(k) match · 2024
Employer contribution per active participant$1,683
Median for plans this size$1,313
2024$1,683 per active participant
2023$1,622 per active participant
2022$1,335 per active participant

Neat & Wilson, Inc's 2024 employer contribution ran above the $1,313 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 · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$6,833
CERITY PARTNERS · Investment advisory (plan)$5,510

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$12,343 · 0.14%
2023$8,870 · 0.12%
2022$9,425 · 0.13%
Same employer
Similar plansWholesale Trade · Kentucky
Avkare, LLC KY$10.4M · 0.26%
Hillsdale Furniture LLC KY$10.1M · 0.02%
Saver Group, Inc. KY$8.2M · 0.88%
Winston Industries, LLC KY$8.1M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611164104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.