Plan Ledger DOL Form 5500 · updated monthly

The Niello Company401(k)

THE NIELLO COMPANY 401(K) PLAN & TRUST · SACRAMENTO, CA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

The Niello Company reported $196,602 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,745 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 $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 1,419th-largest of 9,483 plans among California employers on file, and the 535th of 5,215 in retail trade. In 2024, employees put in $4.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$65,066,103
Participants with balances672
Active participants633
Employer contributions$1,104,578
Employee contributions$5,277,169
Employer contribution per active participant$1,745
Average account balance$96,825
Benefits paid to participants$5,394,224
Plan auditUnmodified (clean) audit opinion
AuditorPOMARES & CO.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,631
Investment management$139,159
Total administrative$196,602
The The Niello Company 401(k) match · 2024
Employer contribution per active participant$1,745
Median for plans this size$3,635

The Niello Company'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 · 20244
MILLIMAN, INC. · Recordkeeping · Loan processing$55,631
CAPTRUST INVESTMENT ADVISORS · Investment advisory (participants) · Investment advisory (plan)$139,159
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee (directed)indirect comp
CHARLES SCHWAB & CO., INC. · Custodial (securities) · Trustee (directed)indirect comp

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

Recordkeeper by year2
2024Milliman
2023Milliman

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Administrative cost history1
2024$196,602 · 0.32%
All plans at this employer2
THE NIELLO COMPANY 401(K) PLAN & TRUST401(k)
THE NIELLO COMPANY 401(K) PLAN & TRUST401(k)
Similar plansRetail Trade · California
World Market, LLC CA$78.7M · 0.19%
99 Cents Only Stores LLC CA$72.5M · 0.23%
Fresno Truck Center CA$71.0M · 0.72%
Newegg Inc. CA$67.2M · 0.26%
Lamps Plus Inc CA$62.1M · 0.05%
Sitecore USA, Inc. CA$61.1M · 0.04%
The Realreal CA$60.8M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942636553 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.