Plan Ledger DOL Form 5500 · updated monthly

Norman Noble, Inc.401(k)

NORMAN NOBLE, INC. 401(K) RETIREMENT SAVINGS PLAN · HIGHLAND HEIGHTS, OH · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Norman Noble, Inc. reported $123,528 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,671 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 0.39% to 0.31%. 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 746th-largest of 3,295 plans among Ohio employers on file, and the 3,563rd of 13,661 in manufacturing. In 2024, employees put in $2.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,020,473
Participants with balances528
Active participants519
Employer contributions$867,360
Employee contributions$2,305,333
Employer contribution per active participant$1,671
Average account balance$79,584
Benefits paid to participants$3,323,142
Plan auditDisclaimer of opinion
AuditorMCMANUS, DOSEN & CO., INC.
Plan history3
Yearassets · accounts · employer contribution
2024$42.0M · 528 accts · $867K emplr
2023$37.1M · 563 accts · $841K emplr
2022$32.1M · 551 accts · $802K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,323
Investment management$78,566
Trustee / custodial$12,739
Total administrative$123,528
The Norman Noble, Inc. 401(k) match · 2024
Employer contribution per active participant$1,671
Median for plans this size$2,416
2024$1,671 per active participant
2023$1,577 per active participant
2022$1,519 per active participant

Norman Noble, Inc.'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 · 20244
DEFINITI, LLC · Contract administrator · Recordkeeping$24,323
ANCORA RETIREMENT PLAN ADVISORS INC · Investment advisory (plan)$78,566
CHARLES SCHWAB BANK · Custodial (securities)$12,739
MCMANUS, DOSEN & CO. · Accounting / audit$7,900

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Definiti
2023Definiti, NOBLE DAVIS CONSULTING INC.

This plan has changed recordkeepers within these filings. If you left Norman Noble, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$123,528 · 0.31%
2023$107,944 · 0.31%
2022$137,601 · 0.39%
Same employer
Similar plansManufacturing · Ohio
Race Winning Brands, Inc. OH$42.9M · 0.48%
Jefferson Industries Corp. OH$42.5M · 0.02%
Smithers-Oasis Company OH$42.1M · 0.09%
Rocky Brands, Inc. OH$40.9M · 0.21%
Rudolph Foods Company, Inc. OH$40.8M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340904696 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.