Plan Ledger DOL Form 5500 · updated monthly

Nissen Chemitec America401(k)

NISSEN CHEMITEC AMERICA EMPLOYEES' 401(K) PLAN · LONDON, OH · plan year 2024

Reported admin expense ratio · 2024
1.02%

Nissen Chemitec America reported $33,613 in plan administrative expenses for 2024: 1.02% of average plan assets, higher than ~75% of peers. 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 1.15% to 1.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,761st of 3,295), and 11,950th of 13,661 in manufacturing. active participation has grown from 275 to 337 since 2022.

Plan summary
Net assets, end of year$3,611,606
Participants with balances303
Active participants337
Employer contributions—
Employee contributions$343,455
Employer contribution per active participant—
Average account balance$11,919
Benefits paid to participants$109,641
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 303 accts
2023$3.0M · 281 accts
2022$2.5M · 285 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,613
Total administrative$33,613
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
NATIONWIDE · Recordkeeping · Insurance services$17,814
LATITDE SERVICE COMPANY, INC. · Other services$16,242
EVERHART ADVISORS · Investment advisory (plan)$15,049

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$33,613 · 1.02%
2023$29,088 · 1.07%
2022$32,030 · 1.15%
Same employer
Similar plansManufacturing · Ohio
Rhinegeist Brewery OH$3.7M · 0.06%
Sunless, Inc OH$3.7M · 1.50%
Eb Display Company OH$3.7M · 0.10%
Casad Company, Inc. OH$3.5M · 0.19%
Therm-O-Link, Inc. OH$3.5M · 0.33%
Wrwp, LLC OH$3.5M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311244390 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.