Plan Snapshot
- Plan Sponsor: Nbi, INC.
- Sponsor EIN: 391768861
- Sponsor Address: 1218 MCCANN DRIVE, ALTOONA, WI, 54720
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 142
- Total Assets: $18.2M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 142 | $18.2M | $0 | $0 |
| 2024 | 107 | $15.9M | $484,839 | $540,116 |
| 2023 | 109 | $14.0M | $470,808 | $560,633 |
| 2022 | 105 | $12.9M | $481,524 | $487,951 |
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 |
|---|---|---|---|---|
| MMA SECURITIES LLC | Investment Advisor | $35,397 | — | $35,397 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $26,244 | — | $26,244 |
| BOYUM & BARENSCHEER PLLP | Auditor | $13,300 | — | $13,300 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $74,941
- Estimated Expense Ratio: 0.413% 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 |
|---|---|---|---|---|---|
| 2025 | $1,137,980 | $38,442 | — | $13,300 | — |
| 2024 | $68,337 | $33,109 | — | $12,700 | — |
| 2023 | $53,276 | $29,545 | — | $12,000 | — |
| 2022 | $39,259 | $29,359 | — | — | $9,900 |