Plan Ledger DOL Form 5500 · updated monthly

Niit (USA), Inc.401(k)

NIIT (USA), INC. 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Niit (USA), Inc. reported $109,482 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,768 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 0.29% to 0.24%. 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 475th-largest of 2,160 plans among Georgia employers on file, and the 2,833rd of 11,654 in professional & technical services. In 2024, employees put in $3.32 for every $1.00 the employer contributed; active participation has grown from 294 to 345 since 2022.

Plan summary
Net assets, end of year$48,462,120
Participants with balances431
Active participants345
Employer contributions$954,899
Employee contributions$3,172,352
Employer contribution per active participant$2,768
Average account balance$112,441
Benefits paid to participants$3,208,300
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.5M · 431 accts · $955K emplr
2023$41.2M · 434 accts · $865K emplr
2022$30.6M · 382 accts · $840K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,196
Investment management$55,286
Total administrative$109,482
The Niit (USA), Inc. 401(k) match · 2024
Employer contribution per active participant$2,768
Median for plans this size$2,416
2024$2,768 per active participant
2023$2,457 per active participant
2022$2,856 per active participant

Niit (USA), Inc.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$54,196
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$40,989
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,297

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$109,482 · 0.24%
2023$96,296 · 0.27%
2022$92,978 · 0.29%
Same employer
Similar plansProfessional & Technical Services · Georgia
Tricentis USA Corp. GA$51.0M · 0.47%
Symphona LLP GA$48.5M · 0.49%
Cardlytics, Inc. GA$48.2M · 0.22%
Greensky LLC GA$47.7M · 0.42%
Windham Brannon, LLC GA$45.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582107610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.