Plan Ledger DOL Form 5500 · updated monthly

Noble People, LLC401(k)

NOBLE PEOPLE, LLC 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.77%

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

Noble People, LLC reported $44,141 in plan administrative expenses for 2023: 0.77% of average plan assets, above the peer median. Employer contributions averaged $6,119 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 has held roughly steady near 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in New York (4,229th of 5,648), and 1,787th of 2,199 in information & media. In 2023, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,252,444
Participants with balances92
Active participants40
Employer contributions$244,755
Employee contributions$457,869
Employer contribution per active participant$6,119
Average account balance$67,961
Benefits paid to participants$636,817
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$6.3M · 92 accts · $245K emplr
2022$5.2M · 104 accts · $272K emplr
The Noble People, LLC 401(k) match · 2023
Employer contribution per active participant$6,119
Median for plans this size$1,308
2023$6,119 per active participant
2022$4,177 per active participant

Noble People, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$44,141 · 0.77%
2022$41,434 · 0.76%
Similar plansInformation & Media · New York
Left Right LLC NY$6.8M · 0.92%
Directv Latin America LLC NY$6.6M · 0.58%
Knowable, Inc. NY$6.3M · 0.38%
Bamtech, LLC NY$6.2M · 0.01%
Ocrolus Inc. NY$6.2M · 0.19%
Schvey Inc. NY$6.0M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273573727 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.