Plan Ledger DOL Form 5500 · updated monthly

Nou Systems, Inc.401(k)

NOU SYSTEMS, INC. 401(K) PLAN AND TRUST · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Nou Systems, Inc. reported $97,139 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $5,928 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 fell from 0.42% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 200th-largest of 902 plans among Alabama employers on file, and the 3,573rd of 11,654 in professional & technical services. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 228 to 277 since 2022.

Plan summary
Net assets, end of year$36,307,700
Participants with balances293
Active participants277
Employer contributions$1,641,990
Employee contributions$3,181,692
Employer contribution per active participant$5,928
Average account balance$123,917
Benefits paid to participants$4,372,344
Plan auditUnmodified (clean) audit opinion
AuditorFRAZIER AND DEETER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$36.3M · 293 accts · $1.6M emplr
2023$28.2M · 315 accts · $1.7M emplr
2022$20.0M · 265 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,139
Total administrative$97,139
The Nou Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$5,928
Median for plans this size$2,416
2024$5,928 per active participant
2023$6,624 per active participant
2022$6,456 per active participant

Nou Systems, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20244
WELLINGTON RETIREMENT SOLUTIONS INC · Recordkeeping$75,418
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$22,496
JOHN JEFFREY/MORGAN STANLEY · Investment advisory (plan)$13,343
CHARLES SCHWAB & CO, INC. · Securities brokerage$700

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

Recordkeeper by year2
2024WELLINGTON RETIREMENT SOLUTIONS INC
2023WELLINGTON RETIREMENT SOLUTIONS INC

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

Administrative cost history3
2024$97,139 · 0.30%
2023$85,563 · 0.35%
2022$83,250 · 0.42%
All plans at this employer2
NOU SYSTEMS, INC. 401(K) PLAN AND TRUST401(k)
NOU SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Otelco Telephone LLC AL$39.6M · 0.41%
Ai Signal Research, Inc. AL$38.9M · 0.34%
Bmss, LLC AL$36.0M · 0.23%
Ttl, Inc. AL$34.6M · 0.16%
A-P-T Research, Inc AL$33.1M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452815517 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.