Plan Ledger DOL Form 5500 · updated monthly

Nicolia Industries Inc.401(k)

NICOLIA 401(K) PLAN · LINDENHURST, NY · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Nicolia Industries Inc. reported $15,213 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $558 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 fell from 0.32% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New York (4,367th of 5,648), and 10,896th of 13,661 in manufacturing. In 2024, employees put in $3.67 for every $1.00 the employer contributed; active participation has grown from 236 to 260 since 2022.

Plan summary
Net assets, end of year$5,584,537
Participants with balances104
Active participants260
Employer contributions$145,143
Employee contributions$532,124
Employer contribution per active participant$558
Average account balance$53,697
Benefits paid to participants$926,816
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 104 accts · $145K emplr
2023$5.2M · 102 accts · $133K emplr
2022$4.0M · 98 accts · $122K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,725
Investment management$13,488
Total administrative$15,213
The Nicolia Industries Inc. 401(k) match · 2024
Employer contribution per active participant$558
Median for plans this size$1,313
2024$558 per active participant
2023$465 per active participant
2022$515 per active participant

Nicolia Industries Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
ROCKLINE WEALTH MANAGEMENT LLC · Recordkeeping · Trustee$13,488
ADP, INC. · Loan processing · Recordkeeping$1,725
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, ROCKLINE WEALTH MANAGEMENT LLC
2023ADP, LPL Financial, ROCKLINE WEALTH MANAGEMENT LLC

This plan has changed recordkeepers within these filings. If you left Nicolia Industries Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$15,213 · 0.28%
2023$22,125 · 0.48%
2022$14,162 · 0.32%
Same employer
Similar plansManufacturing · New York
Dyna-Empire Inc. NY$5.9M · 0.03%
Safari Energy, LLC NY$5.8M · 0.16%
Perse Beauty Inc NY$5.6M · 0.22%
Fieldtex Products, Inc. NY$5.5M · 0.42%
Intellimetal, Inc. NY$5.5M · 0.16%
Confer Plastics, Inc. NY$5.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113308897 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.