Plan Ledger DOL Form 5500 · updated monthly

North Atlantic Imports, LLC401(k)

NORTH ATLANTIC IMPORTS, LLC 401(K) PLAN · LOGAN, UT · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

North Atlantic Imports, LLC reported $17,633 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $1,806 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 1 year on file its reported administrative ratio fell from 0.70% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Utah (612th of 848), and 3,649th of 4,246 in wholesale trade. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,892,468
Participants with balances353
Active participants316
Employer contributions$570,776
Employee contributions$904,330
Employer contribution per active participant$1,806
Average account balance$13,860
Benefits paid to participants$97,588
Plan auditUnmodified (clean) audit opinion
AuditorTRAVELLER & COMPANY LLC
Plan history2
Yearassets · accounts · employer contribution
2024$4.9M · 353 accts · $571K emplr
2023$3.0M · 285 accts · $407K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,633
Total administrative$17,633
The North Atlantic Imports, LLC 401(k) match · 2024
Employer contribution per active participant$1,806
Median for plans this size$1,313
2024$1,806 per active participant
2023$2,005 per active participant

North Atlantic Imports, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
JP MORGAN · Recordkeeping · Investment management$15,600
VESTWELL · Contract administrator · Investment advisory (plan)$2,033

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

Recordkeeper by year2
2024JP MORGAN
2023JP MORGAN

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$17,633 · 0.45%
2023$15,213 · 0.70%
Same employer
Similar plansWholesale Trade · Utah
American Crafts, LLC UT$8.6M · 0.78%
Kns International UT$4.5M · 0.38%
Paparazzi LLC UT$3.7M · 0.52%
97TH Floor UT$3.6M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263681757 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.