# Ngb Corporation 401(k) Plan
Source: https://planprovider.pro/companies/ngb-corporation-401k-plan

> Ngb Corporation&#39;s 401(k) plan: 146 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Ngb Corporation

- **Sponsor EIN:** 842878355

- **Sponsor Address:** 237 COMMERCE DR., AMHERST, NY, 14228

- **Plan Type:** 401(k)

- **Total Participants:** 146

- **Total Assets:** $4.6M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|146|$4.6M|$265,878|$554,401|

| 2023|149|$3.5M|$252,192|$499,863|

| 2022|139|$2.0M|$231,955|$482,270|

## 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|

| LYTKOWSKI & COMPANY INC.|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$3,650|—|—|—|—|

| 2023|$2,293|$1,008|—|—|—|

| 2022|$1,480|—|—|—|—|

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