Plan Ledger DOL Form 5500 · updated monthly

Nikon Metrology, Inc.401(k)

NIKON METROLOGY, INC. SAVINGS AND INVESTMENT PLAN · BRIGHTON, MI · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Nikon Metrology, Inc. reported $107,605 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $4,588 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 0.31% to 0.30%. 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 622nd-largest of 2,619 plans among Michigan employers on file, and the 3,694th of 13,661 in manufacturing. In 2024, employees put in $2.66 for every $1.00 the employer contributed; active participation has grown from 140 to 176 since 2022.

Plan summary
Net assets, end of year$39,778,925
Participants with balances228
Active participants176
Employer contributions$807,450
Employee contributions$2,145,152
Employer contribution per active participant$4,588
Average account balance$174,469
Benefits paid to participants$2,614,837
Plan auditUnmodified (clean) audit opinion
AuditorNOVOTNY, CPA GROUP PLC
Plan history3
Yearassets · accounts · employer contribution
2024$39.8M · 228 accts · $807K emplr
2023$33.0M · 235 accts · $677K emplr
2022$27.4M · 191 accts · $561K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,604
Investment management$69,001
Total administrative$107,605
The Nikon Metrology, Inc. 401(k) match · 2024
Employer contribution per active participant$4,588
Median for plans this size$2,416
2024$4,588 per active participant
2023$3,584 per active participant
2022$4,009 per active participant

Nikon Metrology, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (plan)$69,001
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$38,604

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$107,605 · 0.30%
2023$89,297 · 0.30%
2022$94,175 · 0.31%
Same employer
Similar plansManufacturing · Michigan
Walbro LLC MI$40.8M · 0.03%
Autodie LLC MI$40.1M · 0.06%
Schupan & Sons, Inc. MI$40.0M · 0.36%
Maxitrol Company MI$39.7M · 0.23%
Mac Valves, Inc. MI$39.5M · 0.30%
Progressive Surface, Inc. MI$39.5M · 0.10%
Inductoheat, Inc. MI$39.4M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383436164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.