Plan Ledger DOL Form 5500 · updated monthly

Nfp Corp.401(k)

NFP CORP. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Nfp Corp. reported $431,912 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $3,049 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 0.048%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 120th-largest of 5,648 plans among New York employers on file, and the 187th of 4,798 in finance & insurance. In 2024, employees put in $3.04 for every $1.00 the employer contributed; active participation has grown from 5,991 to 6,644 since 2022.

Plan summary
Net assets, end of year$976,921,898
Participants with balances6,342
Active participants6,644
Employer contributions$20,259,982
Employee contributions$61,669,787
Employer contribution per active participant$3,049
Average account balance$154,040
Benefits paid to participants$63,457,571
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$976.9M · 6,342 accts · $20.3M emplr
2023$827.6M · 6,179 accts · $18.4M emplr
2022$663.7M · 5,690 accts · $16.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$259,566
Investment management$136,169
Audit (IQPA)$36,177
Total administrative$431,912
The Nfp Corp. 401(k) match · 2024
Employer contribution per active participant$3,049
Median for plans this size$4,294
2024$3,049 per active participant
2023$2,922 per active participant
2022$2,672 per active participant

Nfp Corp.'s 2024 employer contribution ran below the $4,294 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 · 20247
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$259,641
WEALTHSPIRE ADVISORS LLC · Investment advisory (participants)$85,310
BDO USA LLP · Accounting / audit$36,177
CHARLES SCHWAB & CO., INC. · Securities brokerage$15,159
LMCG INVESTMENTS LLC · Investment advisory (participants)$11,781
AMI ASSET MANAGEMENT CORP · Investment advisory (participants)$9,030
ENVESTNET ASSET MANAGEMENT INC · Investment advisory (participants)$7,171

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$431,912 · 0.05%
2023$370,653 · 0.05%
2022$337,372 · 0.05%
Same employer
Similar plansFinance & Insurance · New York
Webster Bank, N.A. NY$1.1B · 0.02%
Board of Trustees Local 282 NY$885.6M · 0.45%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 134029115 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.