Norlee Group 401(k) match, vesting and fees
What Norlee Group's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Professional Capital Services, LLC | Schedule C ↗ |
| Independent auditor | Warady & Davis LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 523 defined-contribution plans in construction with 500 to 999 participants.
| Norlee Group: employer contribution per participant | $1,675 | |
| Peer median | $2,361 |
| Norlee Group: average balance | $8,606 | |
| Peer median | $60,193 |
| Norlee Group: admin expenses ÷ assets | 1.72% | |
| Peer median | 0.31% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $4.5M at the end of plan year 2023 to $4.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 573 | $4.6M | $891K | $1,675 | 1.72% | Not published | Form 5500 ↗ |
| 2023 | 349 | $4.5M | $255K | $855 | 0.81% | Not published | Form 5500 ↗ |
Common questions
Does Norlee Group match 401(k) contributions?
The match terms for the Norlee Group 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $891K in employer contributions, about $1,675 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Norlee Group 401(k) match vested?
The vesting schedule for the Norlee Group 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Norlee Group 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Professional Capital Services, LLC. The plan administrator is Norlee Group.
I left Norlee Group. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Norlee Group, (904) 345-4541) or the recordkeeper, Professional Capital Services, LLC. The Norlee Group old 401(k) page lists the contacts from every plan filing. Find an old Norlee Group 401(k)
Data from the public Form 5500 annual reports Norlee Group filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Norlee Group. Not financial advice. Report a correction · Methodology