Plan Ledger DOL Form 5500 · updated monthly

Nlight, Inc.401(k)

NLIGHT, INC. 401(K) PLAN · CAMAS, WA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Nlight, Inc. reported $157,804 in plan administrative expenses for 2024: 0.25% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,651 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 0.38% to 0.25%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 251st-largest of 1,714 plans among Washington employers on file, and the 2,482nd of 13,661 in manufacturing. In 2024, employees put in $3.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$69,424,819
Participants with balances876
Active participants636
Employer contributions$1,686,156
Employee contributions$6,163,353
Employer contribution per active participant$2,651
Average account balance$79,252
Benefits paid to participants$4,505,321
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.4M · 876 accts · $1.7M emplr
2023$56.6M · 892 accts · $1.8M emplr
2022$45.2M · 929 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$98,645
Investment management$59,159
Total administrative$157,804
The Nlight, Inc. 401(k) match · 2024
Employer contribution per active participant$2,651
Median for plans this size$3,635
2024$2,651 per active participant
2023$2,726 per active participant
2022$3,120 per active participant

Nlight, Inc.'s 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$98,645
PHILLIPS & COMPANY SECURITIES INC · Investment advisory (plan)$44,221
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$14,938

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$157,804 · 0.25%
2023$188,532 · 0.37%
2022$175,695 · 0.38%
Same employer
Similar plansManufacturing · Washington
Agc Biologics, Inc. WA$81.5M · 0.01%
Michelsen Packaging Company WA$72.4M · 0.18%
Impinj, Inc. WA$71.1M · 0.20%
Oberto Snacks Inc. WA$66.6M · 0.25%
Twin City Foods, Inc. WA$63.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912066376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.