Retirement plan

NUCERA 401(K) PLAN

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

NUCERA SOLUTIONS, LLCEIN 85-1985190Plan #001PY 2024

601 SOUTH 5TH STREET - BARNSDALL, OK 74002781-332-0700nucerasolutions.comLinkedIn51-200 employeeschemicals

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$10.6M

+3.9% from 2023

Total participants

117

-14.0% from 2023

Average account balance

$90,718

+20.8% from 2023

Annual return

15.59%

-0.30 pp from 2023

Benchmarks

See 5,404 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,404 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$10.61M

Not enough data

1 years with asset history on file

Average account balance

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

$91K

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.

117

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

$1.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+15.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$601

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

See the 4-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 5 by compensation

Provider	Service type	Compensation
CBIZ RETIREMENT PLAN SERVICES1 year Filed as: CBIZ CPA'S P.C. Service code 10 · EIN 43-1947695	Accounting	$22,050
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ANNUITY INS CO. OF AMER. Service code 64 · EIN 84-0467907	Recordkeeping Fees	$16,069
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL SERVICES, INC. Service code 26 1099 HINGHAM STREET · ROCKLAND, MA 02370	Advisory (Participants)	$13,754
NEWPORT GROUP, INC.1 year Service code 13 · EIN 27-2037969	Contract Administrator	$10,868
MERRILL LYNCH PIERCE FENNER & SMITH4+ years Filed as: MERRILL LYNCH PIERCE FENNER Service code 27 4800 DEER LAKE DRIVE · JACKSONVILLE, FL 322466484	Advisory (Plan)	$5,187

Plan features & details

Pension benefit codes2A2E2F2G2J2T3D3F

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$70K

$1117 / participant

Recordkeeping$21K29.6%
Trustee / custodial$2K2.2%
Investment mgmt$19K26.9%
Contract admin$7K9.9%
Other / not subdivided$22K31.3%

% of EOY assets

0.663%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: CBIZ CPAS P.C.
Auditor EIN: 431947695
Audit fees: $22,050
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$90,718

$87,013+4.3%

$106,213-14.6%

$80,856+12.2%

Participation rate

100.0%

70.4%+29.6pp

75.3%+24.7pp

67.6%+32.4pp

Annual return

15.59%

17.05%-1.5pp

116.14%-100.6pp

35.59%-20.0pp

Employer contribution / active EE

$11,889

$2,395+396.3%

$3,171+274.9%

$2,755+331.6%

Participant deferral / active EE

$10,771

$3,986+170.2%

$5,016+114.7%

$4,296+150.7%

Admin fee / account holder

$601

$8,431-92.9%

$11,033-94.6%

$6,918-91.3%

Provider

Service type

Compensation

CBIZ RETIREMENT PLAN SERVICES1 year

Filed as: CBIZ CPA'S P.C.

Service code 10 · EIN 43-1947695

Accounting

$22,050

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ANNUITY INS CO. OF AMER.

Service code 64 · EIN 84-0467907

Recordkeeping Fees

$16,069

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL SERVICES, INC.

Service code 26

1099 HINGHAM STREET · ROCKLAND, MA 02370

Advisory (Participants)

$13,754

NEWPORT GROUP, INC.1 year

Service code 13 · EIN 27-2037969

Contract Administrator

$10,868

MERRILL LYNCH PIERCE FENNER & SMITH4+ years

Filed as: MERRILL LYNCH PIERCE FENNER

Service code 27

4800 DEER LAKE DRIVE · JACKSONVILLE, FL 322466484

Advisory (Plan)

$5,187

NUCERA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NUCERA 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