Plan Ledger DOL Form 5500 · updated monthly

Nevco Sports, LLC401(k)

NEVCO SPORTS, LLC 401(K) PLAN · EDWARDSVILLE, IL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Nevco Sports, LLC reported $5,218 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,054 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 2 years on file its reported administrative ratio rose from 0.03% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Illinois (2,060th of 3,702), and 7,352nd of 13,661 in manufacturing. In 2024, employees put in $2.50 for every $1.00 the employer contributed; active participation has grown from 139 to 171 since 2022.

Plan summary
Net assets, end of year$14,103,064
Participants with balances214
Active participants171
Employer contributions$351,224
Employee contributions$877,602
Employer contribution per active participant$2,054
Average account balance$65,902
Benefits paid to participants$881,711
Plan auditUnmodified (clean) audit opinion
AuditorFRANKLIN & VAUGHN, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$14.1M · 214 accts · $351K emplr
2023$12.0M · 256 accts · $299K emplr
2022$8.5M · 211 accts · $247K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,900
Investment management$768
Total administrative$5,218
The Nevco Sports, LLC 401(k) match · 2024
Employer contribution per active participant$2,054
Median for plans this size$2,416
2024$2,054 per active participant
2023$1,739 per active participant
2022$1,779 per active participant

Nevco Sports, LLC's 2024 employer contribution ran below 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

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$5,218 · 0.04%
2023$2,839 · 0.03%
2022$3,248 · 0.03%
Same employer
Similar plansManufacturing · Illinois
Thunderbird, LLC IL$14.4M · 0.68%
E80 Group Inc IL$14.4M · 0.03%
Rensa Filtration, Inc. IL$14.2M · 0.71%
Hubergroup USA, Inc. IL$14.1M · 0.53%
Lewa, Inc. IL$14.1M · 0.29%
Batavia Container, Inc. IL$14.0M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822233879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.