Plan Ledger DOL Form 5500 · updated monthly

Northern Engraving Corporation401(k)

NORTHERN ENGRAVING CORPORATION SALARIED SAVINGS PLUS PLAN · SPARTA, WI · plan year 2023

Reported admin expense ratio · 2023
0.27%

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

Northern Engraving Corporation reported $69,441 in plan administrative expenses for 2023: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,414 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 0.25% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 681st-largest of 1,936 plans among Wisconsin employers on file, and the 4,836th of 13,661 in manufacturing. In 2023, employees put in $4.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,205,158
Participants with balances228
Active participants158
Employer contributions$223,429
Employee contributions$932,534
Employer contribution per active participant$1,414
Average account balance$119,321
Benefits paid to participants$2,276,253
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$26.3M · 196 accts · $195K emplr
2023$27.2M · 228 accts · $223K emplr
2022$24.7M · 221 accts · $178K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$29,895
Investment management$27,346
Audit (IQPA)$12,200
Total administrative$69,441
The Northern Engraving Corporation 401(k) match · 2023
Employer contribution per active participant$1,414
Median for plans this size$2,440
2024$1,479 per active participant
2023$1,414 per active participant
2022$1,128 per active participant

Northern Engraving Corporation's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ALPHA INVESTMENT CONSULTING GROUP · Investment advisory (plan)$27,346
RSM US LLP · Accounting / audit$12,200

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

Recordkeeper by year2
2024ADP, TRIAD ADVISORS, INC
2023ADP, TRIAD ADVISORS, INC

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

Administrative cost history3
2024$71,769 · 0.27%
2023$69,441 · 0.27%
2022$69,824 · 0.25%
All plans at this employer3
NBHX TRIM USA CORPORATION 401(K) PLAN401(k)
NORTHERN ENGRAVING CORPORATION SALARIED SAVINGS PLUS PLAN401(k)
NORTHERN ENGRAVING CORPORATION SAVINGS PLUS PLAN401(k)
Same employer
Similar plansManufacturing · Wisconsin
Venturedyne LTD WI$27.8M · 0.01%
Mid-States Aluminum Corp. WI$27.7M · 0.29%
Harken, Inc. WI$27.4M · 0.34%
Lake Shore Systems, Inc. WI$27.1M · 0.24%
Exacto Spring Corp. WI$27.1M · 0.60%
Onetouchpoint Holdings, LLC WI$27.1M · 0.46%
Exponential Power, Inc. WI$27.0M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900782125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.