Retirement plan

NOMAD COMMUNICATIONS, INC. 401(K) PLAN

Name: NOMAD COMMUNICATIONS, INC. - NOMAD COMMUNICATIONS, INC. 401(K) PLAN (2024) Form 5500
Creator: NOMAD COMMUNICATIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NOMAD COMMUNICATIONS, INC. 401(K) PLAN, NOMAD COMMUNICATIONS, INC.

NOMAD COMMUNICATIONS, INC.EIN 03-0344448Plan #002PY 2024

PO BOX 1036 - NORWICH, VT 05055802-272-1302nomadcommunications.comLinkedIn11-50 employeesmarketing and advertising

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$891K

+19.9% from 2023

Total participants

0.0% from 2023

Average account balance

$222,851

+19.9% from 2023

Annual return

9.86%

-3.56 pp from 2023

Benchmarks

See 143,561 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,561 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.11M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$278K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$76K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.38%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$40

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$180

$45 / participant

Other / not subdivided$180100.0%

% of EOY assets

0.020%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$222,851

$160,028+39.3%

$147,080+51.5%

$145,884+52.8%

Participation rate

75.0%

84.0%-9.0pp

82.2%-7.2pp

80.3%-5.3pp

Annual return

9.86%

98.60%-88.7pp

420.17%-410.3pp

551.85%-542.0pp

Employer contribution / active EE

$2,804

$5,286-47.0%

$4,933-43.2%

$4,662-39.9%

Participant deferral / active EE

$15,850

$8,422+88.2%

$8,066+96.5%

$6,690+136.9%

Admin fee / account holder

$45

$15,030-99.7%

$12,989-99.7%

$13,392-99.7%

NOMAD COMMUNICATIONS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NOMAD COMMUNICATIONS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion