Plan Ledger DOL Form 5500 · updated monthly

Nobu Group, LLC401(k)

NOBU 401(K) RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.97%

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

Nobu Group, LLC reported $159,017 in plan administrative expenses for 2024: 0.97% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 0.82% to 0.97%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 2,663rd-largest of 5,648 plans among New York employers on file, and the 334th of 2,240 in accommodation & food services. In 2024, employees put in $7292.32 for every $1.00 the employer contributed; active participation has grown from 533 to 808 since 2022.

Plan summary
Net assets, end of year$18,174,782
Participants with balances1,195
Active participants808
Employer contributions$385
Employee contributions$2,807,542
Employer contribution per active participant$0
Average account balance$15,209
Benefits paid to participants$1,214,944
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 1,195 accts · $385 emplr
2023$14.6M · 1,147 accts
2022$10.8M · 911 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,350
Investment management$63,667
Total administrative$159,017
The Nobu Group, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Nobu Group, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
ADP, INC. · Loan processing · Recordkeeping$95,350
STONEHILL FIDCUCIARY MANAGEMENT · Recordkeeping · Pension consulting$42,711
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$20,955
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill, STONEHILL FIDCUCIARY MANAGEMENT
2023ADP, STONEHILL FIDCUCIARY MANAGEMENT

This plan has changed recordkeepers within these filings. If you left Nobu Group, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$159,017 · 0.97%
2023$107,546 · 0.85%
2022$92,324 · 0.82%
Similar plansAccommodation & Food Services · New York
Eos Investors LLC NY$26.7M · 0.44%
Tao Group Operating, LLC NY$26.1M · 0.50%
Remarkable Foods, Inc. NY$23.0M · 0.10%
Maplevale Farms, Inc. NY$17.0M · 0.34%
The Dinex Group, LLC NY$16.8M · 0.44%
E.J. Del Monte Corporation NY$16.1M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264723313 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.