Plan Ledger DOL Form 5500 · updated monthly

Nmc Group, Inc.401(k)

NMC GROUP, INC. 401(K) RETIREMENT PLAN · OMAHA, NE · plan year 2023

Reported admin expense ratio · 2023
0.35%

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

Nmc Group, Inc. reported $255,612 in plan administrative expenses for 2023: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,690 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 1 year on file its reported administrative ratio rose from 0.31% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other wholesale trade employers. By assets it is the 85th-largest of 565 plans among Nebraska employers on file, and the 520th of 4,246 in wholesale trade. In 2023, employees put in $3.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$79,297,756
Participants with balances990
Active participants795
Employer contributions$1,343,272
Employee contributions$5,006,938
Employer contribution per active participant$1,690
Average account balance$80,099
Benefits paid to participants$6,780,011
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history2
Yearassets · accounts · employer contribution
2023$79.3M · 990 accts · $1.3M emplr
2022$67.0M · 966 accts · $1.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$159,379
Investment management$72,510
Audit (IQPA)$18,900
Total administrative$255,612
The Nmc Group, Inc. 401(k) match · 2023
Employer contribution per active participant$1,690
Median for plans this size$3,659
2023$1,690 per active participant
2022$1,439 per active participant

Nmc Group, Inc.'s 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
JOHN HANCOCK · Recordkeeping · Loan processing$161,889
D.A. DAVIDSON COMPANIES · Investment management$70,000
RSM US LLP · Accounting / audit$18,900

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

Administrative cost history2
2023$255,612 · 0.35%
2022$225,706 · 0.31%
Similar plansWholesale Trade · Nebraska
Tabor Street Group, LLC NE$90.7M · 0.28%
Amcon Distributing Company NE$75.8M · 0.21%
Nebraska Book Company, Inc. NE$42.3M · 0.07%
Data Systems, Inc. NE$40.2M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470249367 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.