Plan Ledger DOL Form 5500 · updated monthly

Nulo Inc.401(k)

NULO 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Nulo Inc. reported $22,312 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (4,595th of 5,688), and 12,300th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$2,961,621
Participants with balances136
Active participants211
Employer contributions$0
Employee contributions$681,251
Employer contribution per active participant$0
Average account balance$21,777
Benefits paid to participants$695,061
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,595
Investment management$6,717
Total administrative$22,312
The Nulo Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Nulo Inc.'s 2024 employer contribution ran below the $1,313 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$15,595
NFP RETIREMENT INC · Investment advisory (plan)$6,717

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

Administrative cost history1
2024$22,312 · 0.85%
Similar plansManufacturing · Texas
Burrows Millworks, Inc. TX$2.9M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270703666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.