Plan Ledger DOL Form 5500 · updated monthly

Nsg, Inc.401(k)

NSG, INC. 401(K) PROFIT SHARING PLAN · CINCINNATI, OH · plan year 2022

Reported admin expense ratio · 2022
1.95%

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

Nsg, Inc. reported $27,510 in plan administrative expenses for 2022: 1.95% of average plan assets, higher than ~90% of peers. Employer contributions averaged $468 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Ohio (3,090th of 3,295), and 2,059th of 2,534 in administrative & support services. In 2022, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,469,251
Participants with balances29
Active participants157
Employer contributions$73,475
Employee contributions$124,563
Employer contribution per active participant$468
Average account balance$50,664
Benefits paid to participants$233,532
Plan auditUnmodified (clean) audit opinion
AuditorHAMMERMAN GRAF, HUGHES & COMPANY
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,510
Professional / advisory$16,000
Total administrative$27,510
The Nsg, Inc. 401(k) match · 2022
Employer contribution per active participant$468
Median for plans this size$1,114

Nsg, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$27,510 · 1.95%
Same employer
Similar plansAdministrative & Support Services · Ohio
Mancan, Inc OH$2.0M · 0.55%
Alpha Management, Inc. OH$1.3M · 0.69%
Whitehouse Ohio Works OH$1.1M · 1.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311224686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.