Plan Ledger DOL Form 5500 · updated monthly

Nwl, Inc.401(k)

NWL, INC. 401(K) RETIREMENT PLAN · BORDENTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Nwl, Inc. reported $157,437 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,218 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 0.57% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 778th-largest of 2,419 plans among New Jersey employers on file, and the 4,206th of 13,661 in manufacturing. In 2024, employees put in $1.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,866,978
Participants with balances431
Active participants224
Employer contributions$496,780
Employee contributions$867,753
Employer contribution per active participant$2,218
Average account balance$76,257
Benefits paid to participants$1,974,738
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.9M · 431 accts · $497K emplr
2023$28.7M · 457 accts · $495K emplr
2022$27.7M · 427 accts · $225K emplr
Administrative expenses, itemized · 2024
Investment management$157,437
Total administrative$157,437
The Nwl, Inc. 401(k) match · 2024
Employer contribution per active participant$2,218
Median for plans this size$2,416
2024$2,218 per active participant
2023$2,322 per active participant
2022$952 per active participant

Nwl, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
JOHN HANCOCK LIFE INSURANCE CO USA · Recordkeeping · Investment management$2,214
WILMINGTON TRUST NATIONAL ASSOC. · Investment advisory (participants)$21,686

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$157,437 · 0.51%
2023$175,860 · 0.62%
2022$175,711 · 0.57%
Same employer
Similar plansManufacturing · New Jersey
Diy Media Group, Inc. NJ$34.7M · 0.06%
Harris Freeman & Co., Inc. NJ$34.3M · 0.15%
Colors & Effects USA LLC NJ$32.7M · 0.05%
United Legwear Company LLC NJ$32.4M · 0.31%
A-V Services, Inc. NJ$32.3M · 0.00%
Powell Electronics, Inc. NJ$32.2M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210671000 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.