Plan Ledger DOL Form 5500 · updated monthly

Nkc of America Inc401(k)

NKC OF AMERICA, INC. EMPLOYEES' RETIREMENT PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Nkc of America Inc reported $11,161 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,112 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 0.13% to 0.09%. 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 745th-largest of 1,496 plans among Tennessee employers on file, and 7,750th of 13,661 in manufacturing. In 2024, employees put in $1.63 for every $1.00 the employer contributed; active participation has grown from 100 to 121 since 2022.

Plan summary
Net assets, end of year$12,909,353
Participants with balances125
Active participants121
Employer contributions$255,558
Employee contributions$417,743
Employer contribution per active participant$2,112
Average account balance$103,275
Benefits paid to participants$1,493,343
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 125 accts · $256K emplr
2023$11.9M · 120 accts · $238K emplr
2022$9.9M · 113 accts · $225K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,759
Investment management$1,420
Total administrative$11,161
The Nkc of America Inc 401(k) match · 2024
Employer contribution per active participant$2,112
Median for plans this size$2,416
2024$2,112 per active participant
2023$2,202 per active participant
2022$2,247 per active participant

Nkc of America Inc'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
CBIZ CPAS P.C. · Accounting / audit$7,982

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

Administrative cost history3
2024$11,161 · 0.09%
2023$1,655 · 0.02%
2022$13,675 · 0.13%
Same employer
Similar plansManufacturing · Tennessee
Games Workshop Retail, Inc. TN$13.7M · 0.77%
Moody Dunbar, Inc. TN$13.6M · 0.71%
Pattison Sign Group, Inc. TN$13.2M · 0.75%
Oliver Technologies, Inc. TN$12.6M · 0.59%
Brown Stove Works, Inc. TN$12.5M · 0.01%
Intersign Corporation TN$12.5M · 0.38%
Jeffrey Chain, L.P. TN$12.2M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 621089961 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.