Plan Snapshot
- Plan Sponsor: Nammo Incorporated
- Sponsor EIN: 541959359
- Sponsor Address: 4051 N HIGLEY RD, MESA, AZ, 852151210
- Plan Type: 401(k)
- Total Participants: 788
- Total Assets: $60.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 788 | $60.1M | $2.5M | $3.6M |
| 2023 | 692 | $50.6M | $2.0M | $3.1M |
| 2022 | 577 | $38.5M | $1.9M | $2.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $148,618 | — | $148,618 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISORY | — | $76,853 | $76,853 |
| METZ & ASSOCIATES, PLLC | ACCOUNTANT | — | $6,000 | $6,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — INVESTMENT ADVISORY
- METZ & ASSOCIATES, PLLC — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $231,471
- Estimated Expense Ratio: 0.385% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $148,618 | — | $148,618 | — | — |
| 2023 | $145,916 | — | $145,916 | — | — |
| 2022 | $126,549 | — | $126,549 | — | — |