Plan Snapshot
- Plan Sponsor: Nlp Enterprises INC.
- Sponsor EIN: 520959871
- Sponsor Address: 11422 REISTERSTOWN ROAD, OWINGS MILLS, MD, 21117
- Plan Type: 401(k)
- Total Participants: 104
- Total Assets: $8.5M
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 | 104 | $8.5M | $682,093 | $243,179 |
| 2023 | 102 | $7.2M | $519,176 | $234,744 |
| 2022 | 93 | $6.5M | $517,896 | $229,788 |
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 |
|---|---|---|---|---|
| NWPS | NONE | $20,537 | — | $20,537 |
| ELLIN & TUCKER | NONE | $14,000 | — | $14,000 |
| ANNAPOLITAN INVESTMENT GROUP, INC. | NONE | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NWPS — NONE
- ELLIN & TUCKER — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,537
- Estimated Expense Ratio: 0.523% 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 | $44,537 | $10,000 | — | $14,000 | — |
| 2023 | $43,092 | $10,000 | — | $13,400 | — |
| 2022 | $40,001 | $2,500 | — | — | $37,501 |