# Nammo Incorporated 401(k) Plan
Source: https://planprovider.pro/companies/nammo-incorporated-401k-plan

> Nammo Incorporated's 401(k) plan: 788 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/global-retirement-partners-llc) — INVESTMENT ADVISORY

- [METZ & ASSOCIATES, PLLC](https://planprovider.pro/provider/metz-cpa-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|—|—|

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