Plan Ledger DOL Form 5500 · updated monthly

Noise & Vibration Technologies401(k)

NOISE VIBRATION TECHNOLOGY (NVT) 401(K) PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Noise & Vibration Technologies reported $89,034 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $2,019 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 3 years on file its reported administrative ratio has held roughly steady near 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,392nd-largest of 9,483 plans among California employers on file, and the 5,556th of 13,661 in manufacturing. In 2024, employees put in $2.97 for every $1.00 the employer contributed; active participation has grown from 90 to 108 since 2022.

Plan summary
Net assets, end of year$22,047,747
Participants with balances116
Active participants108
Employer contributions$218,023
Employee contributions$647,909
Employer contribution per active participant$2,019
Average account balance$190,067
Benefits paid to participants$1,365,724
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.0M · 116 accts · $218K emplr
2023$19.9M · 102 accts · $215K emplr
2022$17.2M · 104 accts · $259K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,034
Total administrative$89,034
The Noise & Vibration Technologies 401(k) match · 2024
Employer contribution per active participant$2,019
Median for plans this size$2,416
2024$2,019 per active participant
2023$2,309 per active participant
2022$2,874 per active participant

Noise & Vibration Technologies's 2024 employer contribution ran below the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$89,034
CREATIVE PLANNING, INC. · Investment advisory (plan)indirect 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$89,034 · 0.42%
2023$75,248 · 0.41%
2022$110,725 · 0.43%
Same employer
Similar plansManufacturing · California
Opto 22 CA$22.4M · 0.32%
Fn Cellars, LLC CA$22.4M · 0.30%
Hawker Pacific Aerospace CA$22.2M · 0.14%
Crown Poly, Inc. CA$22.1M · 0.38%
Lmc Enterprises CA$22.0M · 0.25%
Vista Paint Corporation CA$21.8M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472141995 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.