Plan Ledger DOL Form 5500 · updated monthly

Nouveau Elevator Industries, LLC401(k)

NOUVEAU ELEVATOR INDUSTRIES 401(K) PROFIT SHARING PLAN · LONG ISLAND CITY, NY · plan year 2024

Reported admin expense ratio · 2024
0.37%

Nouveau Elevator Industries, LLC reported $58,929 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. 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 0.35% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,754th-largest of 5,648 plans among New York employers on file, and the 2,264th of 5,337 in construction. active participation has grown from 127 to 161 since 2022.

Plan summary
Net assets, end of year$17,065,321
Participants with balances211
Active participants161
Employer contributions—
Employee contributions$1,207,629
Employer contribution per active participant—
Average account balance$80,878
Benefits paid to participants$1,028,220
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHEC(K) CPAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$17.1M · 211 accts
2023$14.8M · 193 accts · $391K emplr
2022$12.7M · 152 accts · $449K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,261
Investment management$35,668
Total administrative$58,929
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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$23,262
UBS FINANCIAL SERVICES INC. · Investment advisory (plan)$39,033

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$58,929 · 0.37%
2023$49,722 · 0.36%
2022$47,668 · 0.35%
Similar plansConstruction · New York
Bothar Construction, LLC NY$18.3M · 0.30%
Vip Structures, Inc. NY$18.2M · 0.31%
Skyline Windows, LLC NY$16.9M · 0.19%
Elecnor Hawkeye, LLC NY$16.7M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112879483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.