Plan Ledger DOL Form 5500 · updated monthly

Nu North America, Inc.401(k)

NU NORTH AMERICA, INC. 401(K) PLAN · DURHAM, NC · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Nu North America, Inc. reported $34,110 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $7,361 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 1 year on file its reported administrative ratio fell from 0.32% to 0.26%. 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 928th-largest of 2,005 plans among North Carolina employers on file, and 6,860th of 11,654 in professional & technical services. In 2024, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,886,648
Participants with balances141
Active participants106
Employer contributions$780,242
Employee contributions$1,899,958
Employer contribution per active participant$7,361
Average account balance$98,487
Benefits paid to participants$3,695,102
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$13.9M · 141 accts · $780K emplr
2023$12.8M · 127 accts · $706K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,110
Investment management$20,000
Total administrative$34,110
The Nu North America, Inc. 401(k) match · 2024
Employer contribution per active participant$7,361
Median for plans this size$2,416
2024$7,361 per active participant
2023$8,110 per active participant

Nu North America, 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping$14,110
CHARTER WEALTH MANAGEMENT INC · Investment advisory (plan)$20,000

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 history2
2024$34,110 · 0.26%
2023$34,532 · 0.32%
Similar plansProfessional & Technical Services · North Carolina
Bavarian Nordic, Inc. NC$14.8M · 0.19%
Gk Software USA, Inc. NC$14.8M · 0.03%
G1 Therapeutics, Inc NC$14.0M · 0.04%
Roi Revolution, Inc NC$13.7M · 0.45%
Teall Capital Partners LLC NC$13.1M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463317828 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.