Plan Ledger DOL Form 5500 · updated monthly

Nefco Holding Company LLC401(k)

NEFCO HOLDING COMPANY LLC 401(K) PROFIT SHARING PLAN · EAST HARTFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Nefco Holding Company LLC reported $37,619 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $473 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 0.133%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 387th-largest of 1,106 plans among Connecticut employers on file, and the 1,201st of 4,246 in wholesale trade. In 2024, employees put in $7.28 for every $1.00 the employer contributed; active participation has grown from 629 to 1,102 since 2022.

Plan summary
Net assets, end of year$34,116,729
Participants with balances847
Active participants1,102
Employer contributions$521,456
Employee contributions$3,798,106
Employer contribution per active participant$473
Average account balance$40,279
Benefits paid to participants$2,078,112
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.1M · 847 accts · $521K emplr
2023$22.4M · 556 accts · $273K emplr
2022$17.0M · 431 accts · $338K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,821
Total administrative$37,619
The Nefco Holding Company LLC 401(k) match · 2024
Employer contribution per active participant$473
Median for plans this size$2,416
2024$473 per active participant
2023$335 per active participant
2022$538 per active participant

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

Service providers · 20242
PASI, LLC · Contract administrator$31,161
CAPITAL RESEARCH AND MANAGEMENT$5,513

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

Administrative cost history3
2024$37,619 · 0.13%
2023$47,922 · 0.24%
2022$21,046 · 0.13%
Same employer
Similar plansWholesale Trade · Connecticut
Melissa & Doug, LLC CT$38.4M · 0.21%
Victorinox Swiss Army, Inc. CT$37.7M · 0.06%
Star Distributors, Inc. CT$36.7M · 0.47%
Osterman & Company, Inc. CT$33.7M · 0.00%
Southern Auto Sales, Inc. CT$32.7M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061035230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.