Nordic Industries, Inc.401(k)
NORDIC INDUSTRIES, INC. RETIREMENT SAVINGS PLAN · OLIVEHURST, CA · plan year 2022
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Nordic Industries, Inc. reported $87,726 in plan administrative expenses for 2022: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $17,868 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.
The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is the 4,357th-largest of 9,483 plans among California employers on file, and the 2,439th of 5,337 in construction. In 2022, the employer put in $5.92 for every $1.00 employees contributed themselves.
Nordic Industries, Inc.'s 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 880165744 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.