Nab Holdings, LLC 401(K) Plan — Form 5500 plan (Nab Holdings, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Nab Holdings, LLC 401(K) Plan is a benefit plan reported by Nab Holdings, LLC under EIN 45-3514691 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,392 participants and $55,051,487 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$55.1MPlan net assets, end of year$55,051,487
Participants1.4KCovered participants reported1,392
Assets / participant$39.5KComputed: assets ÷ participants$39,548 (computed)
Provider compensation$185.5K3 Schedule C provider row(s)$185,463
Plan sponsor
Nab Holdings, LLC
EIN
45-3514691
Plan number
001
Plan type
2
Location
Troy, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,392H, C20241004134254NAL0005739747001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$55.1M total assets
Net assets$55.1MLiabilities$0
Money in vs. money out
Total income / additions$19.9M
Total expenses$4.1M
Benefits paid / distributions$3.8M
Contributions
Employer$2.2M
Participant$8.1M
Full reported line items

Net assets

Total assets (EOY)
$55,051,487
Total liabilities (EOY)
$0
Net assets (EOY)
$55,051,487
Net assets (BOY)
$39,236,103

Income & contributions

Employer contributions
$2,229,914
Participant contributions
$8,149,022
Total contributions
$11,846,381
Total income / additions
$19,868,361

Expenses & distributions

Benefits paid
$3,810,007
Administrative expenses
$185,463
Total expenses
$4,052,977
Net increase / (decrease)
$15,815,384
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 21%Participant 79%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income19%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$146,709$02023
Empower Advisory Group, LLCINVESTMENT MGMT$38,354not reported in the loaded dataset2023
Qdro Consultants Company, LLCOTHER$400not reported in the loaded dataset2023

Related Form 5500 pages