Plan Ledger DOL Form 5500 · updated monthly

New Flyer Holdings, Inc.401(k)

NFI GROUP 401(K) PLAN · DES PLAINES, IL · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

New Flyer Holdings, Inc. reported $445,067 in plan administrative expenses for 2024: 0.34% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,901 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 fell from 0.44% to 0.34%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 430th-largest of 3,702 plans among Illinois employers on file, and the 1,494th of 13,661 in manufacturing. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$139,960,842
Participants with balances1,765
Active participants2,309
Employer contributions$4,388,514
Employee contributions$7,793,917
Employer contribution per active participant$1,901
Average account balance$79,298
Benefits paid to participants$9,939,968
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO LTD
Plan history3
Yearassets · accounts · employer contribution
2024$140.0M · 1,765 accts · $4.4M emplr
2023$123.7M · 1,861 accts · $4.0M emplr
2022$109.0M · 1,883 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$138,040
Investment management$283,677
Audit (IQPA)$23,350
Total administrative$445,067
The New Flyer Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$1,901
Median for plans this size$3,635
2024$1,901 per active participant
2023$1,575 per active participant
2022$1,454 per active participant

New Flyer Holdings, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
AON INVESTMENTS USA INC · Investment advisory (plan)$198,514
EMPOWER ADVISORY GROUP, LLC · Investment management$69,687
MILLER COOPER & CO LTD · Accounting / audit$23,350
NEW FLYER HOLDINGS INC$15,476

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$445,067 · 0.34%
2023$403,773 · 0.35%
2022$525,803 · 0.44%
All plans at this employer3
NFI GROUP 401(K) PLAN401(k)
NFI GROUP 401(K) PLAN - MCI PEMBINA UNION PLAN401(k)
NFI GROUP 401(K) PLAN - NF ST. CLOUD & CROOKSTON UNION PLAN401(k)
Same employer
Similar plansManufacturing · Illinois
G&W Electric Company IL$150.5M · 0.05%
Century Aluminum Company IL$149.7M · 0.05%
Ozinga Bros., Inc. IL$142.7M · 0.08%
Wahl Clipper Corporation IL$139.1M · 0.10%
Vcna Prairie LLC IL$138.8M · 0.10%
Barilla America, Inc. IL$137.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980468607 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.