Plan Ledger DOL Form 5500 · updated monthly

Truly Nolen of America, Inc.401(k)

TRULY NOLEN OF AMERICA, INC. PROFIT SHARING AND SAVINGS PLAN · TUCSON, AZ · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Truly Nolen of America, Inc. reported $21,912 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,415 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 0.02% to 0.05%. 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 218th-largest of 1,285 plans among Arizona employers on file, and the 340th of 2,534 in administrative & support services. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,029,944
Participants with balances978
Active participants828
Employer contributions$1,171,885
Employee contributions$1,987,125
Employer contribution per active participant$1,415
Average account balance$43,998
Benefits paid to participants$5,079,966
Plan auditUnmodified (clean) audit opinion
AuditorBEACHFLEISCHMAN, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$43.0M · 978 accts · $1.2M emplr
2023$39.5M · 1,007 accts · $1.2M emplr
2022$34.8M · 1,014 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,912
Total administrative$21,912
The Truly Nolen of America, Inc. 401(k) match · 2024
Employer contribution per active participant$1,415
Median for plans this size$2,416
2024$1,415 per active participant
2023$1,474 per active participant
2022$1,406 per active participant

Truly Nolen of America, 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 · 20241

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$21,912 · 0.05%
2023$18,295 · 0.05%
2022$9,831 · 0.02%
Same employer
Similar plansAdministrative & Support Services · Arizona
Republic Services, Inc. AZ$2.7B · 0.12%
The Alliance Group AZ$42.8M · 0.93%
Vixxo Corporation AZ$33.8M · 0.38%
Arrivia, Inc. AZ$29.9M · 1.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860169166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.