Plan Ledger DOL Form 5500 · updated monthly

Nrb Group, LLC401(k)

NRB GROUP, LLC 401(K) PLAN · CHATTANOOGA, TN · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Nrb Group, LLC reported $109,857 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $879 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 3 years on file its reported administrative ratio has held roughly steady near 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 520th-largest of 1,496 plans among Tennessee employers on file, and the 1,365th of 5,215 in retail trade. In 2024, employees put in $4.21 for every $1.00 the employer contributed; active participation has grown from 498 to 677 since 2022.

Plan summary
Net assets, end of year$21,719,506
Participants with balances644
Active participants677
Employer contributions$595,360
Employee contributions$2,508,679
Employer contribution per active participant$879
Average account balance$33,726
Benefits paid to participants$2,078,965
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.7M · 644 accts · $595K emplr
2023$18.3M · 591 accts · $612K emplr
2022$14.7M · 574 accts · $663K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,736
Investment management$38,121
Total administrative$109,857
The Nrb Group, LLC 401(k) match · 2024
Employer contribution per active participant$879
Median for plans this size$2,416
2024$879 per active participant
2023$1,183 per active participant
2022$1,331 per active participant

Nrb Group, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$71,736
SAGE VIEW ADVISORY GROUP · Investment advisory (plan) · Investment management$38,121

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

Administrative cost history3
2024$109,857 · 0.55%
2023$97,183 · 0.59%
2022$89,429 · 0.57%
Similar plansRetail Trade · Tennessee
Farrell Calhoun, Inc. TN$27.6M · 0.01%
Tri Star Services, LLC TN$25.0M · 0.76%
Twin City Motors, Inc. TN$21.3M · 0.38%
Mapco Express, Inc. TN$21.2M · 0.42%
City Enterprises, LLC TN$19.1M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621769582 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.