Plan Ledger DOL Form 5500 · updated monthly

Nice North America LLC401(k)

NICE NORTH AMERICA LLC 401(K) SAVINGS PLAN · CARLSBAD, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Nice North America LLC reported $133,142 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $3,398 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 0.22% to 0.31%. 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 1,957th-largest of 9,483 plans among California employers on file, and the 3,435th of 13,661 in manufacturing. In 2024, employees put in $2.69 for every $1.00 the employer contributed; active participation has shrunk from 475 to 396 since 2022.

Plan summary
Net assets, end of year$44,142,617
Participants with balances714
Active participants396
Employer contributions$1,345,593
Employee contributions$3,622,575
Employer contribution per active participant$3,398
Average account balance$61,824
Benefits paid to participants$8,668,784
Plan auditUnmodified (clean) audit opinion
AuditorMACIAS, GINI & O'CONNELL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$44.1M · 714 accts · $1.3M emplr
2023$41.5M · 697 accts · $1.5M emplr
2022$33.1M · 605 accts · $983K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,103
Investment management$25,749
Total administrative$133,142
The Nice North America LLC 401(k) match · 2024
Employer contribution per active participant$3,398
Median for plans this size$2,416
2024$3,398 per active participant
2023$3,096 per active participant
2022$2,069 per active participant

Nice North America LLC's 2024 employer contribution ran above 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 · 20243
JOHN HANCOCK USA · Recordkeeping · Investment management$12,219
MMA SECURITIES LLC · Investment advisory (participants)$14,710
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$7,894

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$133,142 · 0.31%
2023$96,097 · 0.26%
2022$71,644 · 0.22%
Same employer
Similar plansManufacturing · California
Ips Corporation CA$44.8M · 0.43%
Presidio Components, Inc. CA$44.8M · 0.04%
Intevac, Inc. CA$44.4M · 0.17%
Uss-Upi, LLC CA$44.4M · 0.18%
Umc Group (USA) CA$43.7M · 0.20%
The New Iem, LLC CA$43.4M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952159070 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.