Plan Ledger DOL Form 5500 · updated monthly

Nyk Group Americas Inc.401(k)

NYK GROUP AMERICAS INC. SAVINGS PLAN · SECAUCUS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Nyk Group Americas Inc. reported $111,247 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $1,641 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 rose from 0.01% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 464th-largest of 2,419 plans among New Jersey employers on file, and the 304th of 2,677 in transportation & warehousing. In 2024, employees put in $3.27 for every $1.00 the employer contributed; active participation has shrunk from 255 to 214 since 2022.

Plan summary
Net assets, end of year$69,485,475
Participants with balances277
Active participants214
Employer contributions$351,087
Employee contributions$1,149,214
Employer contribution per active participant$1,641
Average account balance$250,850
Benefits paid to participants$6,886,376
Plan auditUnmodified (clean) audit opinion
AuditorBPM, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$69.5M · 277 accts · $351K emplr
2023$65.1M · 296 accts · $340K emplr
2022$59.9M · 297 accts · $298K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,924
Investment management$51,613
Audit (IQPA)$56,710
Total administrative$111,247
The Nyk Group Americas Inc. 401(k) match · 2024
Employer contribution per active participant$1,641
Median for plans this size$3,635
2024$1,641 per active participant
2023$1,573 per active participant
2022$1,170 per active participant

Nyk Group Americas Inc.'s 2024 employer contribution ran below the $3,635 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
BPM LLP · Accounting / audit$56,710
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$50,399

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$111,247 · 0.17%
2023$86,685 · 0.14%
2022$10,217 · 0.01%
All plans at this employer2
NYK GROUP AMERICAS INC. SAVINGS PLAN401(k)
NYK GROUP AMERICAS INC. MONEY PURCHASE PENSION PLANMoney purchase plan
Same employer
Similar plansTransportation & Warehousing · New Jersey
Mol (Americas) LLC NJ$77.0M · 0.02%
Coach USA, Inc. NJ$75.7M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133800790 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.