Plan Ledger DOL Form 5500 · updated monthly

Nichols Consulting Engineers, Chtd.401(k)

NICHOLS CONSULTING ENGINEERS, CHTD. 401(K) PLAN · RENO, NV · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Nichols Consulting Engineers, Chtd. reported $42,244 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $3,897 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 0.148%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 91st-largest of 437 plans among Nevada employers on file, and the 4,062nd of 11,654 in professional & technical services. In 2024, employees put in $2.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,019,780
Participants with balances148
Active participants126
Employer contributions$490,971
Employee contributions$1,201,873
Employer contribution per active participant$3,897
Average account balance$209,593
Benefits paid to participants$1,508,362
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.0M · 148 accts · $491K emplr
2023$26.0M · 126 accts · $437K emplr
2022$20.5M · 121 accts · $452K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,344
Investment management$40,900
Total administrative$42,244
The Nichols Consulting Engineers, Chtd. 401(k) match · 2024
Employer contribution per active participant$3,897
Median for plans this size$2,416
2024$3,897 per active participant
2023$3,735 per active participant
2022$3,835 per active participant

Nichols Consulting Engineers, Chtd.'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 · 20242
LPL FINANCIAL, LLC · Investment advisory (plan)$40,900
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$1,344

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$42,244 · 0.15%
2023$34,605 · 0.15%
2022$34,124 · 0.15%
Same employer
Similar plansProfessional & Technical Services · Nevada
Marnell Companies LLC NV$46.2M · 0.11%
Gcw Holdings, Inc. NV$35.3M · 0.14%
Rite of Passage, Inc. NV$34.3M · 0.21%
Socure Inc. NV$31.2M · 0.07%
Tactical Air Support, Inc. NV$30.3M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 880254126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.