Department of Labor filing

NAPPEN & ASSOCIATES

NAPPEN 401(K) RETIREMENT PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 8, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

18filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$992

Reported employer contributions per active participant.

Higher than about 19% of comparable plans

#People in the filing

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$425 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 18% of comparable plans

↗Investment performance

Not available

Plan assets changed 12.1%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202418out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions19th percentileTypical peer $2,473 · based on 118 comparable plans

Lower reported administrative expense18th percentileTypical peer $194 · based on 124 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, NAPPEN & ASSOCIATES reported $97,225 in employer contributions across the plan and 98 active participants. That works out to $992 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy72%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 9.5%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 9.9%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context18/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $97,225
Participant contributions: $635,197
Other contributions: $715,628
Employer share of reported contributions: 13.3%
Beginning assets: $10,911,218
Ending assets: $12,229,484
Ending net assets: $12,228,789
Ending liabilities: $695
Total income: $3,182,358
Total expenses: $1,864,249
Administrative expenses: $58,664
Participant loans: $3,924

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$906

2023

$847

2024

$992

Plan-paid administrative expenses per participant

2022

$387

2023

$403

2024

$425

Active participants

2022

107

2023

107

2024

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$992	98	12.2M	20251008090504NAL0005310209001
2023	$847	107	10.9M	20240828150342NAL0011960785001
2022	$906	107	9M	20231003165759NAL0025504352001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.0%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 236515849-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Sep 1, 1999
Industry: Real estate
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2G2J2K2F2E2T3D3H2S

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
JOHN HANCOCK USA	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251008090504NAL0005310209001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗