Plan Ledger DOL Form 5500 · updated monthly

Nicolet National Bank401(k)

NICOLET NATIONAL BANK 401(K) PLAN · GREEN BAY, WI · plan year 2025

Reported admin expense ratio · 2025
0.05%

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

Nicolet National Bank reported $70,355 in plan administrative expenses for 2025: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,993 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 fell from 0.11% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other finance & insurance employers. By assets it is the 169th-largest of 1,936 plans among Wisconsin employers on file, and the 740th of 4,798 in finance & insurance. In 2025, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$148,154,249
Participants with balances1,163
Active participants982
Employer contributions$4,902,827
Employee contributions$6,638,411
Employer contribution per active participant$4,993
Average account balance$127,390
Benefits paid to participants$11,771,351
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$148.2M · 1,163 accts · $4.9M emplr
2024$124.3M · 1,158 accts · $4.5M emplr
2023$105.0M · 1,122 accts · $4.0M emplr
2022$87.5M · 1,134 accts · $4.0M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$54,704
Total administrative$70,355
The Nicolet National Bank 401(k) match · 2025
Employer contribution per active participant$4,993
Median for plans this size$4,093
2025$4,993 per active participant
2024$4,549 per active participant
2023$4,450 per active participant
2022$4,384 per active participant

Nicolet National Bank's 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$54,704
FORVIS MAZARS · Accounting / audit$15,651

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history4
2025$70,355 · 0.05%
2024$131,765 · 0.11%
2023$125,860 · 0.13%
2022$100,929 · 0.11%
Same employer
Similar plansFinance & Insurance · Wisconsin
Secura Insurance Company WI$192.7M · 0.05%
First Mid Bancshares, Inc. WI$172.6M · 0.01%
Summit Credit Union WI$117.0M · 0.13%
M3 Insurance Solutions, Inc. WI$116.7M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391990426 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.