Plan Ledger DOL Form 5500 · updated monthly

Nordic Consulting Partners, Inc.401(k)

NORDIC CONSULTING PARTNERS, INC. 401(K) PLAN · MADISON, WI · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Nordic Consulting Partners, Inc. reported $275,144 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $2,564 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 fell from 0.17% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 134th-largest of 1,936 plans among Wisconsin employers on file, and the 803rd of 11,654 in professional & technical services. In 2024, employees put in $3.65 for every $1.00 the employer contributed; active participation has grown from 1,647 to 2,823 since 2022.

Plan summary
Net assets, end of year$200,657,161
Participants with balances2,884
Active participants2,823
Employer contributions$7,238,007
Employee contributions$26,445,119
Employer contribution per active participant$2,564
Average account balance$69,576
Benefits paid to participants$25,323,330
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$200.7M · 2,884 accts · $7.2M emplr
2023$161.2M · 1,981 accts · $5.3M emplr
2022$122.2M · 1,678 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$172,491
Investment management$87,653
Total administrative$275,144
The Nordic Consulting Partners, Inc. 401(k) match · 2024
Employer contribution per active participant$2,564
Median for plans this size$3,635
2024$2,564 per active participant
2023$3,207 per active participant
2022$1,924 per active participant

Nordic Consulting Partners, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$172,491
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$57,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$45,653

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$275,144 · 0.15%
2023$218,817 · 0.15%
2022$197,516 · 0.17%
Same employer
Similar plansProfessional & Technical Services · Wisconsin
Godfrey & Kahn, S.C. WI$255.2M · 0.07%
Mead & Hunt, Inc. WI$236.6M · 0.15%
Strand Associates, Inc. WI$198.7M · 0.61%
Foth & van Dyke, LLC WI$177.8M · 0.11%
Johnson Outdoors Inc. WI$173.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271633363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.