Plan Ledger DOL Form 5500 · updated monthly

Nelson Brothers, Inc.401(k)

NELSON BROTHERS, INC. EMPLOYEE CAPITAL ACCUMULATION 401(K) PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Nelson Brothers, Inc. reported $242,410 in plan administrative expenses for 2024: 0.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,229 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 0.45%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 134th-largest of 902 plans among Alabama employers on file, and the 165th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$54,839,009
Participants with balances608
Active participants489
Employer contributions$1,578,948
Employee contributions$2,549,949
Employer contribution per active participant$3,229
Average account balance$90,196
Benefits paid to participants$4,997,602
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$54.8M · 608 accts · $1.6M emplr
2023$53.0M · 583 accts · $1.5M emplr
2022$44.6M · 606 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$174,306
Investment management$68,104
Total administrative$242,410
The Nelson Brothers, Inc. 401(k) match · 2024
Employer contribution per active participant$3,229
Median for plans this size$3,635
2024$3,229 per active participant
2023$3,145 per active participant
2022$2,929 per active participant

Nelson Brothers, Inc.'s 2024 employer contribution ran below 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 · 20243
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$42,511
LEAFHOUSE FINANCIAL ADVISORS, LLC$25,114
MURFEE MEADOWS, INC. · Other servicesindirect comp

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$242,410 · 0.45%
2023$227,666 · 0.47%
2022$216,164 · 0.46%
Same employer
Similar plansMining, Oil & Gas Extraction · Alabama
Vulcan Materials Company AL$1.7B · 0.17%
Propetro Services, Inc. TX$57.2M · 0.25%
Eucon Corporation ID$57.0M · 0.57%
Ecobat, LLC TX$56.6M · 0.06%
Warrior Met Coal, Inc AL$56.0M · 0.07%
United Coal Company, LLC TN$54.6M · 0.44%
Alvin H. Butz, Inc. PA$54.2M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630479482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.