Plan Ledger DOL Form 5500 · updated monthly

Nitrogen Wealth, Inc.401(k)

NITROGEN WEALTH, INC. 401(K) PLAN · AUBURN, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Nitrogen Wealth, Inc. reported $1,798 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,188 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 0.022% to 0.015%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in California (4,883rd of 9,483), and 3,739th of 4,798 in finance & insurance. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has shrunk from 161 to 107 since 2022.

Plan summary
Net assets, end of year$12,458,402
Participants with balances209
Active participants107
Employer contributions$662,101
Employee contributions$1,189,213
Employer contribution per active participant$6,188
Average account balance$59,610
Benefits paid to participants$2,178,225
Plan auditUnmodified (clean) audit opinion
AuditorMUN CPAS,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.5M · 209 accts · $662K emplr
2023$11.0M · 223 accts · $661K emplr
2022$8.2M · 235 accts · $757K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,050
Investment management$748
Total administrative$1,798
The Nitrogen Wealth, Inc. 401(k) match · 2024
Employer contribution per active participant$6,188
Median for plans this size$2,416
2024$6,188 per active participant
2023$5,166 per active participant
2022$4,703 per active participant

Nitrogen Wealth, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
CHARLES SCHWAB & CO., INC. · Securities brokerage$263

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$1,798 · 0.02%
2023$2,687 · 0.03%
2022$1,853 · 0.02%
Same employer
Similar plansFinance & Insurance · California
Meritage Medical Network CA$13.2M · 0.26%
Dave, Inc. CA$11.9M · 0.05%
Marinhealth CA$11.7M · 0.03%
Sigue Corporation CA$11.6M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274419057 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.