Florida › Real estate and rental and leasing › 100 to 249 participants
Form 5500 statement · plan year 1 Jan 2025 to 31 Dec 2025
Nationwide Appraisal Network, LLC 401(k) Plan
Sponsored by Nationwide Appraisal Network, LLC, Oldsmar, FL
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Nationwide Appraisal Network, LLC 401(k) Plan is a 401(k) plan sponsored by Nationwide Appraisal Network, LLC of Oldsmar, Florida. For the plan year ending 31 Dec 2025 it reported 145 participants, 88 of them active, and net assets of $5.0M.
Net assets came to $34,353 per participant, well below the $60,185 median for defined contribution plans with 100 to 249 participants and below the $40,415 median for defined contribution plans in real estate and rental and leasing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $207K during the year, or $2,357 per active participant against a same-size median of $2,447; participants contributed $411K. Benefits paid out totalled $82K.
Schedule C lists 4 service provider organisations paid $5,000 or more, with reported compensation of $73K: $500 per participant, well above the same-size median of $194. Administrative expenses charged to the plan were $73K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $34,353 | $60,185 | $40,415 | $53,102 |
| Employer contributions per active participant | $2,357 | $2,447 | $1,625 | $2,175 |
| Schedule C compensation per participant | $500 | $194 | $126 | $123 |
| Schedule C compensation, share of net assets | 1.5% | 0.32% | 0.34% | 0.26% |
| Administrative expenses per participant | $500 | $176 | $123 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 100 to 249 participants (21,996 plans), real estate and rental and leasing (1,578) and all US plans (63,460). Fee medians cover plans that report an amount.
Statement for the year
- Net assets, beginning of year$3,797,165
- Employer contributions$207,422
- Participant contributions$411,054
- Rollovers and other contributions$0
- Total contributions$618,476
- Total income, including investment results$1,339,052
- Benefits paid$82,489
- Administrative expenses$72,508
- Total expenses$154,997
- Net income$1,184,055
- Net transfers$0
- Net assets, end of year$4,981,220
Participants
- Active participants88
- Retired or separated, receiving benefits1
- Retired or separated, entitled to future benefits56
- Participants with account balances133
- Total participants, end of year145
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| John Hancock Life Insurance Company | Recordkeeping and information management | $36,613 | $0 |
| Power Financial Partners | Investment advisory (participants) | $17,108 | $0 |
| Admin. Group, LLC DBA Tag Resources | Recordkeeping and information management; Participant loan processing | $16,438 | $0 |
| Wilshire Advisors LLC | Investment advisory (participants) | $2,349 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Recordkeeping fees$36,613
- Investment advisory and management fees$19,457
- Contract administrator fees$16,438
- Total administrative expenses$72,508
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$3.0M · 59.3%
- Common/collective trusts$1.9M · 38.0%
- Participant loans$121K · 2.4%
- Cash (interest and non-interest bearing)$6,425 · 0.1%
- Receivables$4,284 · 0.1%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmTempleton & Company
- Participant contributions reported as transmitted lateYes, $122
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2AAge/service weighted or new comparability or similar plan2EProfit-sharing plan2JCode section 401(k) feature2KCode section 401(m) arrangement2FERISA section 404(c) plan2GTotal participant-directed account plan3DPre-approved pension plan2TTotal or partial participant-directed account plan with a default investment account
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 531320.
Similar plans in Florida
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Banyan Street Advisors LLC 401(k) Profit Sharing Plan & Trust | Banyan Street Advisors LLC | 152 | $12.0M | $78,891 |
| Michael Saunders & Company and MSC Title, Inc. 401(k) Savings Plan | Michael Saunders & Company | 141 | — | — |
| Complete Property Services, Inc. 401(k) Plan | Complete Property Services, Inc. | 158 | $2.1M | $13,341 |
| Lutgert Companies Retirement Plan | The Scottsdale Company | 140 | $16.3M | $116,398 |
| Accesso Partners, LLC 401(k) Profit Sharing Plan and Trust | Accesso Partners, LLC | 165 | $11.9M | $71,955 |
| Holland Pump Company 401(k) Plan | Holland Pump Company | 134 | $5.2M | $39,114 |
Defined contribution plans in real estate and rental and leasing closest in size.
Questions and answers
How big is Nationwide Appraisal Network, LLC 401(k) Plan?
145 participants at the end of the plan year ending 31 Dec 2025, of whom 88 were active employees, with net assets of $4,981,220. Among defined contribution plans that places it in the 100 to 249 participants band, which held 21,996 plans in plan year 2024.
What does Nationwide Appraisal Network, LLC contribute per participant?
The filing reports $207,422 in employer contributions for the year, which is $2,357 per active participant; the median for plans of the same type and size was $2,447 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $72,508 in compensation to service provider organisations, $500 per participant or 1.5% of net assets. The same-size median among plans reporting any Schedule C compensation was $194 per participant. Administrative expenses on Schedule H were $72,508. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Nationwide Appraisal Network, LLC. Recordkeeping or administration: John Hancock Life Insurance Company and Admin. Group, LLC DBA Tag Resources. Investment advisory or management: Power Financial Partners and Wilshire Advisors LLC. The financial statements were audited by Templeton & Company. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2025 to 31 Dec 2025, received by the Department of Labor on 10 Jul 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 26-3290509, plan 001, received 10 Jul 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.