Plan Ledger DOL Form 5500 · updated monthly

Nuvalence, LLC401(k)

NUVALENCE, LLC 401(K) PLAN · TROY, NY · plan year 2023

Reported admin expense ratio · 2023
0.82%

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

Nuvalence, LLC reported $35,324 in plan administrative expenses for 2023: 0.82% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,988 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 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (4,339th of 5,648), and 9,509th of 11,654 in professional & technical services. In 2023, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,706,033
Participants with balances129
Active participants131
Employer contributions$653,424
Employee contributions$1,492,983
Employer contribution per active participant$4,988
Average account balance$44,233
Benefits paid to participants$413,849
Plan auditUnmodified (clean) audit opinion
AuditorCOOPER SAVAS, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$0 · $218K emplr
2023$5.7M · 129 accts · $653K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$35,324
Total administrative$35,324
The Nuvalence, LLC 401(k) match · 2023
Employer contribution per active participant$4,988
Median for plans this size$1,308

Nuvalence, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
GREENBUSH FINANCIAL GROUP LLC · Investment advisory (plan)$11,370
SIDE BY SIDE FINANCIALS, INC. · Contract administrator$1,054

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

Administrative cost history2
2024Not separately reported
2023$35,324 · 0.82%
Same employer
Similar plansProfessional & Technical Services · New York
Scahill Law Group P.C. NY$5.8M · 1.03%
Amtex Systems , Inc. NY$5.8M · 0.06%
Density, Inc. NY$5.8M · 0.03%
Gross Polowy, LLC NY$5.7M · 0.60%
Grammatech, Inc. NY$5.7M · 0.94%
The Action Network, Inc. NY$5.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831582025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.