Plan Ledger DOL Form 5500 · updated monthly

Nilan Johnson Lewis PA401(k)

NILAN JOHNSON LEWIS PA 401(K) SAVINGS PLAN · MINNEAPOLIS, MN · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Nilan Johnson Lewis PA reported $71,654 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $12,009 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 0.20% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 483rd-largest of 1,918 plans among Minnesota employers on file, and the 2,687th of 11,654 in professional & technical services. In 2024, employees put in $1.23 for every $1.00 the employer contributed; active participation has shrunk from 102 to 91 since 2022.

Plan summary
Net assets, end of year$51,865,698
Participants with balances137
Active participants91
Employer contributions$1,092,814
Employee contributions$1,347,123
Employer contribution per active participant$12,009
Average account balance$378,582
Benefits paid to participants$6,698,133
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.9M · 137 accts · $1.1M emplr
2023$49.9M · 151 accts · $1.0M emplr
2022$46.0M · 140 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,654
Investment management$20,000
Total administrative$71,654
The Nilan Johnson Lewis PA 401(k) match · 2024
Employer contribution per active participant$12,009
Median for plans this size$3,635
2024$12,009 per active participant
2023$10,075 per active participant
2022$9,810 per active participant

Nilan Johnson Lewis PA's 2024 employer contribution ran above the $3,635 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 · 20243
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$51,654
ADVANCED CAPITAL GROUP · Investment management$20,000
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect 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
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$71,654 · 0.14%
2023$89,045 · 0.19%
2022$99,140 · 0.20%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Granicus, LLC MN$57.1M · 0.39%
Sagitec Solutions, LLC MN$56.6M · 0.39%
Bwbr Architects, Inc. MN$55.8M · 0.16%
Meagher & Geer, P.L.L.P. MN$50.9M · 0.13%
Naviga Inc. MN$50.0M · 0.07%
Ovative Group LLC MN$49.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411848848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.