Plan Ledger DOL Form 5500 · updated monthly

Nisbet Enterprises, Inc.401(k)

NISBET ENTERPRISES, INC. 401(K) PLAN · LABELLE, FL · plan year 2024

Reported admin expense ratio · 2024
1.19%

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

Nisbet Enterprises, Inc. reported $18,048 in plan administrative expenses for 2024: 1.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $730 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Florida (3,168th of 3,644), and 1,503rd of 2,240 in accommodation & food services. In 2024, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,763,653
Participants with balances229
Active participants263
Employer contributions$191,939
Employee contributions$284,357
Employer contribution per active participant$730
Average account balance$7,702
Benefits paid to participants$101,279
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,048
Total administrative$18,048
The Nisbet Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$730
Median for plans this size$1,313

Nisbet Enterprises, Inc.'s 2024 employer contribution ran below the $1,313 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
TRANSAMERICA LIFE INS COMP · Recordkeeping · Loan processing$8,842
BSP CONSULTING, PLLC · Recordkeeping · Loan processing$1,800
CLEARVIEW FINANCIAL PARTNERS · Investment advisory (plan)$7,406

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

Administrative cost history1
2024$18,048 · 1.19%
Similar plansAccommodation & Food Services · Florida
Trattoria Romana, Inc. FL$2.2M · 0.69%
Cbp Manager, LLC FL$1.9M · 2.31%
Tellus Products, LLC FL$1.6M · 2.92%
Murphco of Florida FL$1.6M · 0.74%
Rremc Restaurants, LLC FL$1.4M · 1.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650685929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.