Plan Ledger DOL Form 5500 · updated monthly

Nemo Tile Co. LLC401(k)

NEMO TILE CO. LLC 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Nemo Tile Co. LLC reported $52,464 in plan administrative expenses for 2022: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,240 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (4,099th of 5,648), and 3,271st of 5,215 in retail trade. In 2022, employees put in $2.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,890,242
Participants with balances89
Active participants67
Employer contributions$83,106
Employee contributions$215,620
Employer contribution per active participant$1,240
Average account balance$77,418
Benefits paid to participants$3,350,257
Plan auditUnmodified (clean) audit opinion
AuditorIVES & SULTAN LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$28,688
Investment management$23,776
Total administrative$52,464
The Nemo Tile Co. LLC 401(k) match · 2022
Employer contribution per active participant$1,240
Median for plans this size$1,114

Nemo Tile Co. LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$52,464 · 0.56%
Same employer
Similar plansRetail Trade · New York
Hungryroot Inc. NY$7.3M · 0.07%
Brown's of Bellport, Inc. NY$7.1M · 0.78%
Saratoga Motors Inc NY$7.0M · 0.28%
Value Leasing Corp. NY$7.0M · 0.17%
Crown Trophy, Inc. NY$6.8M · 0.50%
Faherty Brand LLC NY$6.7M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 111725406 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.