Plan Ledger DOL Form 5500 · updated monthly

Nepw Logistics Inc.401(k)

NEPW LOGISTICS INC. 401(K) PLAN · PORTLAND, ME · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Nepw Logistics Inc. reported $44,704 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $2,085 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 0.711%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Maine (255th of 354), and 1,432nd of 2,677 in transportation & warehousing. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,703,325
Participants with balances215
Active participants172
Employer contributions$358,545
Employee contributions$538,433
Employer contribution per active participant$2,085
Average account balance$31,178
Benefits paid to participants$745,958
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 215 accts · $359K emplr
2023$5.9M · 190 accts · $335K emplr
2022$4.4M · 173 accts · $305K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,704
Total administrative$44,704
The Nepw Logistics Inc. 401(k) match · 2024
Employer contribution per active participant$2,085
Median for plans this size$1,313
2024$2,085 per active participant
2023$2,066 per active participant
2022$1,743 per active participant

Nepw Logistics Inc.'s 2024 employer contribution ran above the $1,313 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
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$24,317
ASCENSUS, LLC · Recordkeeping · Loan processingindirect comp
OSAIC WEALTH INC · Investment advisory (participants)$24,167

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Ascensus, Vanguard
2023Vanguard

This plan has changed recordkeepers within these filings. If you left Nepw Logistics Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$44,704 · 0.71%
2023$39,816 · 0.78%
2022$32,198 · 0.71%
Same employer
Similar plansTransportation & Warehousing · Maine
H.O. Bouchard, Inc. ME$10.2M · 0.57%
Hamilton Marine, Inc. ME$5.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030470501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.