Plan Ledger DOL Form 5500 · updated monthly

Nuwest Group Holdings, LLC401(k)

TA GROUP HOLDINGS 401(K) PLAN · BELLEVUE, WA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Nuwest Group Holdings, LLC reported $103,389 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. 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.

Across the 2 years on file its reported administrative ratio fell from 0.72% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 598th-largest of 1,714 plans among Washington employers on file, and the 515th of 2,534 in administrative & support services. active participation has grown from 349 to 938 since 2022.

Plan summary
Net assets, end of year$25,052,088
Participants with balances450
Active participants938
Employer contributions$0
Employee contributions$1,939,604
Employer contribution per active participant$0
Average account balance$55,671
Benefits paid to participants$2,792,911
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.1M · 450 accts
2023$22.1M · 415 accts
2022$3.4M · 113 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,389
Total administrative$103,389
The Nuwest Group Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Nuwest Group Holdings, 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 · 20244
BENSLER LLC DBA SCS · Investment advisory (plan)$40,515
HUNNEX AND SHOEMAKER INC · Contract administrator$8,809
EMPOWER ADVISORY GROUP, LLC · Investment management$5,830

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$103,389 · 0.44%
2023$33,092 · 0.26%
2022$24,620 · 0.72%
Similar plansAdministrative & Support Services · Washington
Lindblad Expeditions, Inc WA$48.7M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261383035 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.