Plan Ledger DOL Form 5500 · updated monthly

Nlogic, Inc.401(k)

NLOGIC, INC. 401(K) RETIREMENT PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Nlogic, Inc. reported $4,363 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16,196 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 0.008% to 0.008%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 137th-largest of 902 plans among Alabama employers on file, and the 2,583rd of 11,654 in professional & technical services. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves; active participation has shrunk from 304 to 212 since 2022.

Plan summary
Net assets, end of year$54,443,490
Participants with balances541
Active participants212
Employer contributions$3,433,549
Employee contributions$3,362,028
Employer contribution per active participant$16,196
Average account balance$100,635
Benefits paid to participants$13,180,947
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$54.4M · 541 accts · $3.4M emplr
2023$52.0M · 514 accts · $3.0M emplr
2022$39.5M · 475 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,363
Total administrative$4,363
The Nlogic, Inc. 401(k) match · 2024
Employer contribution per active participant$16,196
Median for plans this size$3,635
2024$16,196 per active participant
2023$8,740 per active participant
2022$8,277 per active participant

Nlogic, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,363
SYNOVUS SECURITIESindirect comp
MORGAN STANLEY SMITH BARNEYindirect comp

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$4,363 · 0.01%
2023$3,231 · 0.01%
2022$3,153 · 0.01%
All plans at this employer2
NLOGIC, INC. 401(K) RETIREMENT PLAN401(k)
NLOGIC, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Similar plansProfessional & Technical Services · Alabama
Avion Solutions, Inc. AL$61.9M · 0.24%
Fullsteam Personnel LLC AL$61.8M · 0.58%
Intrepid Group, Inc. AL$61.7M · 0.29%
Goodwyn Mills Cawood, LLC AL$54.6M · 0.32%
Sigmatech, Inc. AL$49.0M · 0.07%
Qualis Corporation AL$45.7M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 270445567 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.