Plan Ledger DOL Form 5500 · updated monthly

North America Fire Equipment, Inc.401(k)

NORTH AMERICA FIRE EQUIPMENT, INC. 401(K) RETIREMENT PLAN · DECATUR, AL · plan year 2022

Reported admin expense ratio · 2022
0.67%

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

North America Fire Equipment, Inc. reported $22,303 in plan administrative expenses for 2022: 0.67% of average plan assets, above the peer median. Employer contributions averaged $203 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Alabama (738th of 902), and 3,928th of 4,246 in wholesale trade. In 2022, employees put in $8.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,048,000
Participants with balances50
Active participants134
Employer contributions$27,141
Employee contributions$243,016
Employer contribution per active participant$203
Average account balance$60,960
Benefits paid to participants$193,190
Plan auditUnmodified (clean) audit opinion
AuditorRILEY & CO PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$22,303
Total administrative$22,303
The North America Fire Equipment, Inc. 401(k) match · 2022
Employer contribution per active participant$203
Median for plans this size$1,114

North America Fire Equipment, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$22,303 · 0.67%
Similar plansWholesale Trade · Alabama
Daewon America, Inc. AL$4.0M · 0.79%
Ccc Associates, Inc AL$2.1M · 0.97%
Tms Management, LLC AL$1.4M · 0.04%
Sts Group AL$707K · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630725655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.