Plan Ledger DOL Form 5500 · updated monthly

Nfm, Inc.401(k)

NFM, INC. 401(K) PLAN · LINTHICUM, MD · plan year 2024

Reported admin expense ratio · 2024
0.29%

Nfm, Inc. reported $171,210 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. 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 0.35% to 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 269th-largest of 1,671 plans among Maryland employers on file, and the 1,401st of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$63,133,696
Participants with balances1,073
Active participants1,020
Employer contributions—
Employee contributions$6,839,767
Employer contribution per active participant—
Average account balance$58,838
Benefits paid to participants$6,669,087
Plan auditUnmodified (clean) audit opinion
AuditorROSEN, SAPPERSTEIN & FRIENDLANDER
Plan history3
Yearassets · accounts · employer contribution
2024$63.1M · 1,073 accts
2023$54.1M · 1,049 accts · $1.4M emplr
2022$45.5M · 1,204 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$171,210
Total administrative$171,210
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$171,209
MACROVIEW INVESTMENT MANAGEMENT LLC · Investment advisory (plan)indirect comp

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$171,210 · 0.29%
2023$168,076 · 0.34%
2022$158,071 · 0.35%
Same employer
Similar plansFinance & Insurance · Maryland
Eaglebank MD$66.0M · 0.19%
Profund Advisors LLC MD$65.3M · 0.20%
Lower, LLC000000000 MD$48.0M · 0.74%
Presidential Bank MD$47.4M · 0.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 522102740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.