Plan Ledger DOL Form 5500 · updated monthly

Nordic Group of Companies, LTD401(k)

NORDIC GROUP OF COMPANIES, LTD. EMPLOYEES' 401(K) SAVINGS AND RETIREMENT PLAN · BARABOO, WI · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Nordic Group of Companies, LTD reported $66,772 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $1,739 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 0.19% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 374th-largest of 1,936 plans among Wisconsin employers on file, and the 2,822nd of 13,661 in manufacturing. In 2024, employees put in $2.65 for every $1.00 the employer contributed; active participation has shrunk from 952 to 707 since 2022.

Plan summary
Net assets, end of year$58,165,527
Participants with balances877
Active participants707
Employer contributions$1,229,171
Employee contributions$3,260,788
Employer contribution per active participant$1,739
Average account balance$66,323
Benefits paid to participants$8,697,322
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$58.2M · 877 accts · $1.2M emplr
2023$54.0M · 1,017 accts · $1.3M emplr
2022$45.8M · 1,127 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,772
Total administrative$66,772
The Nordic Group of Companies, LTD 401(k) match · 2024
Employer contribution per active participant$1,739
Median for plans this size$3,635
2024$1,739 per active participant
2023$1,580 per active participant
2022$1,230 per active participant

Nordic Group of Companies, LTD's 2024 employer contribution ran below the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$97,059
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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$66,772 · 0.12%
2023$116,486 · 0.23%
2022$100,287 · 0.19%
Similar plansManufacturing · Wisconsin
Zero Zone, Inc. WI$59.4M · 0.20%
Nelson Global Products Inc. WI$59.2M · 0.32%
Ttx Holdings, Inc. WI$58.3M · 0.28%
Don Evans Nevada, Inc. WI$57.4M · 0.09%
Unico LLC WI$55.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390789037 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.