Plan Ledger DOL Form 5500 · updated monthly

Nornat Management Services401(k)

NORNAT MANAGEMENT SERVICES 401(K) PLAN · LANSING, IL · plan year 2022

Reported admin expense ratio · 2022
5.06%

Nornat Management Services reported $306 in plan administrative expenses for 2022: 5.06% of average plan assets, higher than ~90% of peers. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Illinois (3,692nd of 3,702), and 2,224th of 2,240 in accommodation & food services.

Plan summary
Net assets, end of year$7,007
Participants with balances4
Active participants363
Employer contributions—
Employee contributions$3,000
Employer contribution per active participant—
Average account balance$1,752
Plan auditUnmodified (clean) audit opinion
AuditorDEMARCO SCIACCOTTA WILKENS & DUNLEA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$306
Total administrative$306
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$306 · 5.06%
Similar plansAccommodation & Food Services · Illinois
Gourmet Gorilla Inc IL$92K · 1.07%
Jdd Investment Company IL$6K · 4.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363739711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.