Plan Ledger DOL Form 5500 · updated monthly

Neiman Enterprises, Inc.401(k)

NEIMAN ENTERPRISES, INC. 401(K) PROFIT SHARING PLAN & TRUST · HULETT, WY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Neiman Enterprises, Inc. reported $8,190 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,837 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 0.018%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 7th-largest of 81 plans among Wyoming employers on file, and the 287th of 786 in management of companies. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has shrunk from 460 to 412 since 2022.

Plan summary
Net assets, end of year$47,753,327
Participants with balances456
Active participants412
Employer contributions$1,168,963
Employee contributions$2,013,531
Employer contribution per active participant$2,837
Average account balance$104,722
Benefits paid to participants$4,037,162
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.8M · 456 accts · $1.2M emplr
2023$43.9M · 498 accts · $1.2M emplr
2022$41.4M · 535 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,190
Total administrative$8,190
The Neiman Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$2,837
Median for plans this size$2,416
2024$2,837 per active participant
2023$2,853 per active participant
2022$2,579 per active participant

Neiman 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 · 20241
LINCOLN NATIONAL CORPORATION · Contract administrator$8,190

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$8,190 · 0.02%
2023$8,550 · 0.02%
2022$7,350 · 0.02%
Similar plansManagement of Companies · Wyoming
Mach Resources, LLC OK$48.6M · 0.20%
Ecom Atlantic, Inc. TX$48.2M · 0.04%
Avis Industrial Corporation IN$47.7M · 0.25%
Coadap LLC PA$47.0M · 0.04%
Diploma Holdings, Inc FL$46.8M · 0.23%
Aethon Energy Operating LLC TX$46.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830303167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.