Plan Ledger DOL Form 5500 · updated monthly

Nixon, Inc.401(k)

NIXON, INC. 401(K) PLAN · CARLSBAD, CA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Nixon, Inc. reported $19,628 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $394 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 rose from 0.16% to 0.40%. 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 California (6,899th of 9,483), and 11,049th of 13,661 in manufacturing. In 2024, employees put in $15.45 for every $1.00 the employer contributed; active participation has shrunk from 55 to 39 since 2022.

Plan summary
Net assets, end of year$5,309,966
Participants with balances99
Active participants39
Employer contributions$15,374
Employee contributions$237,463
Employer contribution per active participant$394
Average account balance$53,636
Benefits paid to participants$336,713
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 99 accts · $15K emplr
2023$4.5M · 109 accts · $35K emplr
2022$3.5M · 113 accts · $48K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,348
Investment management$12,280
Total administrative$19,628
The Nixon, Inc. 401(k) match · 2024
Employer contribution per active participant$394
Median for plans this size$1,313
2024$394 per active participant
2023$785 per active participant
2022$867 per active participant

Nixon, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$12,280
ADP, INC. · Loan processing · Recordkeeping$7,347
ADP BROKER-DEALERindirect 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
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history3
2024$19,628 · 0.40%
2023$11,051 · 0.28%
2022$5,608 · 0.16%
Similar plansManufacturing · California
Rloom, LLC CA$5.4M · 1.06%
General Micro Systems CA$5.4M · 0.21%
Hobie Cat Company II, LLC CA$5.3M · 0.35%
Western Composites LLC CA$5.3M · 0.76%
Martinez & Turek, Inc. CA$5.3M · 0.72%
Delta Trak, Inc. CA$5.3M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330766983 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.