Plan Ledger DOL Form 5500 · updated monthly

Nimlok Company401(k)

ORBUS HOLDCO 401(K) PLAN · WOODRIDGE, IL · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Nimlok Company reported $59,081 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $2,364 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 0.52% to 0.21%. 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 1,288th-largest of 3,702 plans among Illinois employers on file, and the 4,376th of 13,661 in manufacturing. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 200 to 414 since 2022.

Plan summary
Net assets, end of year$30,996,056
Participants with balances478
Active participants414
Employer contributions$978,535
Employee contributions$1,824,359
Employer contribution per active participant$2,364
Average account balance$64,845
Benefits paid to participants$2,014,663
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.0M · 478 accts · $979K emplr
2023$26.1M · 513 accts · $898K emplr
2022$18.4M · 433 accts · $464K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,158
Investment management$27,923
Total administrative$59,081
The Nimlok Company 401(k) match · 2024
Employer contribution per active participant$2,364
Median for plans this size$2,416
2024$2,364 per active participant
2023$2,729 per active participant
2022$2,318 per active participant

Nimlok Company's 2024 employer contribution ran below 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 · 20242
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Pension consulting$50,438
ADP, INC. · Loan processing · Recordkeeping$31,158

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, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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

Administrative cost history3
2024$59,081 · 0.21%
2023$81,143 · 0.36%
2022$108,108 · 0.52%
Similar plansManufacturing · Illinois
Peerless Industries, Inc. IL$31.6M · 0.10%
Furst-McNess Company IL$31.6M · 0.16%
Parr Instrument Company IL$31.2M · 0.16%
Three-Z Printing Co. IL$31.1M · 0.18%
Broadwind, Inc. IL$30.9M · 0.59%
Robertshaw Controls Company IL$30.9M · 0.05%
Jdrc Managed Services, LLC IL$30.8M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363127098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.