Plan Ledger DOL Form 5500 · updated monthly

Nosal Builders, Inc.401(k)

NOSAL BUILDERS, INC. 401(K) PLAN · CHESHIRE, CT · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Nosal Builders, Inc. reported $19,172 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $13,598 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 0.20% to 0.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Connecticut (814th of 1,106), and 3,384th of 5,337 in construction. In 2024, the employer put in $5.09 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$8,032,542
Participants with balances153
Active participants135
Employer contributions$1,835,769
Employee contributions$360,542
Employer contribution per active participant$13,598
Average account balance$52,500
Benefits paid to participants$1,530,468
Plan auditUnmodified (clean) audit opinion
AuditorHALLISEY & D'AGOSTINO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 153 accts · $1.8M emplr
2023$6.5M · 130 accts · $1.2M emplr
2022$5.6M · 117 accts · $956K emplr
The Nosal Builders, Inc. 401(k) match · 2024
Employer contribution per active participant$13,598
Median for plans this size$1,313
2024$13,598 per active participant
2023$11,022 per active participant
2022$7,136 per active participant

Nosal Builders, Inc.'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 · 20241
NEWPORT GROUP, INC. · Recordkeeping$16,214

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus), THE ANGELL PENSION GROUP, INC.

This plan has changed recordkeepers within these filings. If you left Nosal Builders, Inc. 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$19,172 · 0.26%
2023$16,098 · 0.27%
2022$12,677 · 0.20%
Similar plansConstruction · Connecticut
Fabbrica, LLC CT$10.7M · 0.41%
The Morganti Group, Inc. CT$10.6M · 0.51%
Banton Construction Company CT$10.1M · 0.67%
Haynes Group Inc. CT$5.9M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061528418 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.