Plan Snapshot
- Plan Sponsor: Nrb Group, LLC
- Sponsor EIN: 621769582
- Sponsor Address: 6001 INTERNATIONAL DRIVE, CHATTANOOGA, TN, 37421
- Plan Type: 401(k)
- Total Participants: 677
- Total Assets: $21.7M
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 | 677 | $21.7M | $595,360 | $2.5M |
| 2023 | 517 | $18.3M | $611,761 | $2.4M |
| 2022 | 498 | $14.7M | $663,011 | $2.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $71,736 | — | $71,736 |
| SAGE VIEW ADVISORY GROUP | INVESTMENT ADVISOR | $38,121 | — | $38,121 |
| HENDERSON, HUTCHERSON & MCCULLOUGH, | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- SAGE VIEW ADVISORY GROUP — INVESTMENT ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $109,857
- Estimated Expense Ratio: 0.506% 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 | $109,857 | $38,121 | — | — | — |
| 2023 | $97,183 | $38,039 | $300 | — | — |
| 2022 | $89,429 | — | — | — | — |