Retirement plan

NATH COMPANIES 401(K) PLAN

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

NATH COMPANIESEIN 41-1859549Plan #001PY 2024

900 AMERICAN BLVD EAST, SUITE 300 - BLOOMINGTON, MN 55420952-853-1452

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$7.2M

+13.3% from 2023

Total participants

346

-38.3% from 2023

Average account balance

$21,365

+15.0% from 2023

Annual return

10.88%

-10.31 pp from 2023

Benchmarks

See 277 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants100-249

Cohort277 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.20M

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

337

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.

95.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$894K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+10.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$174

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

1 years with F_SCH_H allocation on file

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL9 years Service code 37 · EIN 04-2647786	Loan Processing	$27,588
USI CONSULTING GROUP3 years Filed as: USI ADVISORS INC Service code 27 · EIN 06-1397347	Advisory (Plan)	$22,000
MILLER, WELLE, HEISER & CO, LTD4 years Filed as: MILLER WELLE HEISER & CO LTD. Service code 10 · EIN 41-1334380	Accounting	$9,000

Plan features & details

Pension benefit codes2F2G2J2T3D3H2E

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$59K

$278 / participant

Recordkeeping$28K47.1%
Investment mgmt$22K37.6%
Other / not subdivided$9K15.4%

% of EOY assets

0.814%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MILLER WELLE HEISER
Auditor EIN: 411334380
Audit fees: $9,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,365

$89,225-76.1%

$133,698-84.0%

$74,478-71.3%

Participation rate

95.7%

69.4%+26.3pp

76.4%+19.3pp

67.2%+28.5pp

Annual return

10.88%

22.76%-11.9pp

580.90%-570.0pp

1370.56%-1359.7pp

Employer contribution / active EE

$1,490

$2,816-47.1%

$4,218-64.7%

$2,626-43.3%

Participant deferral / active EE

$2,748

$4,597-40.2%

$7,016-60.8%

$4,350-36.8%

Admin fee / account holder

$174

$1,545-88.7%

$6,703-97.4%

$1,946-91.1%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL9 years

Service code 37 · EIN 04-2647786

Loan Processing

$27,588

USI CONSULTING GROUP3 years

Filed as: USI ADVISORS INC

Service code 27 · EIN 06-1397347

Advisory (Plan)

$22,000

MILLER, WELLE, HEISER & CO, LTD4 years

Filed as: MILLER WELLE HEISER & CO LTD.

Service code 10 · EIN 41-1334380

Accounting

$9,000

NATH COMPANIES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATH COMPANIES 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