Ni Holdings, Inc.ESOP
NI HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · FARGO, ND · plan year 2024
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Ni Holdings, Inc. reported $599 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,751 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 rose from 0.01% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in North Dakota (255th of 279), and 4,607th of 4,798 in finance & insurance. active participation has grown from 135 to 158 since 2022.
Ni Holdings, Inc.'s 2024 employer contribution ran above the $1,313 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 812683619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.