Plan Ledger DOL Form 5500 · updated monthly

Nortal, LLC401(k)

NORTAL, LLC 401(K) PROFIT SHARING PLAN · KIRKLAND, WA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Nortal, LLC reported $37,544 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $3,151 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 rose from 0.43% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Washington (1,140th of 1,714), and 8,385th of 11,654 in professional & technical services. In 2024, employees put in $4.71 for every $1.00 the employer contributed; active participation has shrunk from 121 to 56 since 2022.

Plan summary
Net assets, end of year$8,792,607
Participants with balances126
Active participants56
Employer contributions$176,458
Employee contributions$831,622
Employer contribution per active participant$3,151
Average account balance$69,783
Benefits paid to participants$1,362,047
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 126 accts · $176K emplr
2023$7.9M · 141 accts · $279K emplr
2022$6.1M · 157 accts · $264K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,370
Investment management$29,174
Total administrative$37,544
The Nortal, LLC 401(k) match · 2024
Employer contribution per active participant$3,151
Median for plans this size$1,313
2024$3,151 per active participant
2023$2,791 per active participant
2022$2,179 per active participant

Nortal, LLC's 2024 employer contribution ran above the $1,313 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.

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
ASCENSUS LLC · Loan processing · Recordkeeping$8,370
SHAREBUILDER ADVISOR LLC · Investment advisory (plan)$29,174

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

Recordkeeper by year2
2024Ascensus
2023Ascensus, PAI

This plan has changed recordkeepers within these filings. If you left Nortal, LLC 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$37,544 · 0.45%
2023$30,573 · 0.44%
2022$27,659 · 0.43%
Same employer
Similar plansProfessional & Technical Services · Washington
Prime 8 LLC WA$9.6M · 0.85%
Formidable Labs WA$9.5M · 0.02%
Allyis WA$9.4M · 0.34%
Willis Enterprises, Inc. WA$9.4M · 0.53%
Hpg, LLC WA$8.3M · 0.58%
Shape Therapeutics Inc. WA$8.0M · 0.09%
Helion Energy, Inc. WA$7.9M · 0.59%
Xenon Arc, Inc. WA$7.7M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 272852064 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.