Plan Ledger DOL Form 5500 · updated monthly

Nephila Advisors, LLC401(k)

NEPHILA ADVISORS, LLC 401(K) PLAN · NASHVILLE, TN · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Nephila Advisors, LLC reported $1,475 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $15,652 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 finance & insurance employers. By assets it is among the smaller plans on file in Tennessee (1,013th of 1,496), and 4,380th of 4,798 in finance & insurance. In 2022, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,967,033
Participants with balances55
Active participants31
Employer contributions$485,213
Employee contributions$640,271
Employer contribution per active participant$15,652
Average account balance$108,492
Benefits paid to participants$1,165,746
Plan auditUnmodified (clean) audit opinion
AuditorJOHANSON & YAU
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,475
Total administrative$1,475
The Nephila Advisors, LLC 401(k) match · 2022
Employer contribution per active participant$15,652
Median for plans this size$1,114

Nephila Advisors, LLC's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,475 · 0.01%
Similar plansFinance & Insurance · Tennessee
Apex Bank TN$5.4M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273215881 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.