Plan Ledger DOL Form 5500 · updated monthly

Neff Group Distributors, Inc.401(k)

NEFF GROUP DISTRIBUTORS, INC. RETIREMENT PLAN · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Neff Group Distributors, Inc. reported $112,680 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $5,798 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 0.20% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 268th-largest of 1,562 plans among Indiana employers on file, and the 761st of 4,246 in wholesale trade. In 2024, employees put in $1.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$53,805,516
Participants with balances275
Active participants215
Employer contributions$1,246,541
Employee contributions$1,790,804
Employer contribution per active participant$5,798
Average account balance$195,656
Benefits paid to participants$3,939,466
Plan auditUnmodified (clean) audit opinion
AuditorHAINES, ISENBARGER, SKIBA LLC
Plan history3
Yearassets · accounts · employer contribution
2024$53.8M · 275 accts · $1.2M emplr
2023$48.3M · 284 accts · $1.3M emplr
2022$43.1M · 294 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,314
Investment management$66,866
Audit (IQPA)$10,500
Total administrative$112,680
The Neff Group Distributors, Inc. 401(k) match · 2024
Employer contribution per active participant$5,798
Median for plans this size$3,635
2024$5,798 per active participant
2023$6,168 per active participant
2022$5,425 per active participant

Neff Group Distributors, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$60,439
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$35,314
HAINES, ISENBARGER & SKIBA, LLC · Accounting / audit$10,500
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,427

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$112,680 · 0.22%
2023$96,252 · 0.21%
2022$99,537 · 0.20%
Same employer
Similar plansWholesale Trade · Indiana
Finishmaster, Inc. IN$76.7M · 0.19%
Headwater Companies, LLC IN$68.4M · 0.23%
Zurcher Tire, Inc. IN$57.2M · 1.28%
G.W. Berkheimer Co. Inc. IN$52.8M · 0.01%
J.D. Byrider Systems, LLC IN$50.2M · 0.29%
Indiana Beverage, Inc. IN$41.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203252769 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.