Plan Ledger DOL Form 5500 · updated monthly

Newman Signs, Inc.401(k)

NEWMAN SIGNS, INC. RETIREMENT 401(K) PLAN · JAMESTOWN, ND · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Newman Signs, Inc. reported $50,538 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,082 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 0.245%. 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 the 109th-largest of 279 plans among North Dakota employers on file, and the 5,641st of 13,661 in manufacturing. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,583,143
Participants with balances158
Active participants123
Employer contributions$256,057
Employee contributions$525,020
Employer contribution per active participant$2,082
Average account balance$136,602
Benefits paid to participants$1,830,503
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.6M · 158 accts · $256K emplr
2023$19.7M · 153 accts · $153K emplr
2022$15.9M · 149 accts · $155K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,538
Total administrative$50,538
The Newman Signs, Inc. 401(k) match · 2024
Employer contribution per active participant$2,082
Median for plans this size$2,416
2024$2,082 per active participant
2023$1,331 per active participant
2022$1,356 per active participant

Newman Signs, Inc.'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
BELL BANK · Recordkeeping · Trustee$50,538

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

Recordkeeper by year2
2024BELL BANK
2023BELL BANK

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

Administrative cost history3
2024$50,538 · 0.24%
2023$46,244 · 0.26%
2022$42,660 · 0.24%
Same employer
Similar plansManufacturing · North Dakota
Tmi Group Incorporated ND$30.5M · 0.52%
Baker Boy, Inc. ND$23.1M · 0.20%
Ideal Aerosmith, Inc. ND$21.0M · 0.32%
Red River Commodities, Inc. ND$20.7M · 0.27%
Dacotah Paper Company ND$19.5M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450276348 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.