Plan Ledger DOL Form 5500 · updated monthly

Nfi Industries, Inc.401(k)

NFI INDUSTRIES, INC. EMPLOYEE RETIREMENT SAVINGS PLAN · CAMDEN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Nfi Industries, Inc. reported $591,902 in plan administrative expenses for 2024: 0.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $941 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 0.218%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 176th-largest of 2,419 plans among New Jersey employers on file, and the 117th of 2,677 in transportation & warehousing. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$299,250,485
Participants with balances6,749
Active participants15,891
Employer contributions$14,959,959
Employee contributions$28,759,091
Employer contribution per active participant$941
Average account balance$44,340
Benefits paid to participants$30,558,128
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$299.3M · 6,749 accts · $15.0M emplr
2023$244.8M · 6,025 accts · $13.2M emplr
2022$189.8M · 5,519 accts · $7.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$487,173
Investment management$104,729
Total administrative$591,902
The Nfi Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$941
Median for plans this size$4,294
2024$941 per active participant
2023$872 per active participant
2022$497 per active participant

Nfi Industries, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$487,173
CAPFINANCIAL PARTNERS, L · Investment advisory (plan)$104,729

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$591,902 · 0.22%
2023$525,580 · 0.24%
2022$430,937 · 0.22%
Same employer
Similar plansTransportation & Warehousing · New Jersey
Maersk Inc. NJ$1.0B · 0.07%
Board of Trustees NJ$936.2M · 0.12%
Dsv Air & Sea, Inc NJ$391.9M · 0.02%
Sgs North America, Inc. NJ$319.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222543994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.