Plan Ledger DOL Form 5500 · updated monthly

Norcom, Inc.401(k)

NORCOM, INC. PROFIT SHARING PLAN · GRIFFIN, GA · plan year 2022

Reported admin expense ratio · 2022
0.27%

Norcom, Inc. reported $31,319 in plan administrative expenses for 2022: 0.27% of average plan assets, below the peer median. 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Georgia (1,217th of 2,160), and 8,537th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$10,574,013
Participants with balances80
Active participants130
Employer contributions—
Employee contributions$433,661
Employer contribution per active participant—
Average account balance$132,175
Benefits paid to participants$1,000,286
Plan auditUnmodified (clean) audit opinion
AuditorADAMSBROWN, LLC
Administrative expenses, itemized · 2022
Investment management$31,319
Total administrative$31,319
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$31,319 · 0.27%
Same employer
Similar plansManufacturing · Georgia
Low Temp Industries, Inc. GA$10.9M · 0.52%
Phx Holdings, LLC GA$10.8M · 1.40%
Oriental Weavers USA Inc. GA$10.6M · 0.12%
Optima Chemical Group, LLC GA$10.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042632925 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.