Plan Ledger DOL Form 5500 · updated monthly

National Aerospace Solutions, LLC401(k)

NATIONAL AEROSPACE SOLUTIONS, LLC EMPLOYEES SAVINGS PLAN · ARNOLD AFB, TN · plan year 2023

Reported admin expense ratio · 2023
0.07%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

National Aerospace Solutions, LLC reported $198,761 in plan administrative expenses for 2023: 0.07% of average plan assets, below the peer median. Employer contributions averaged $5,856 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio has held roughly steady near 0.069%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other professional & technical services employers. By assets it is the 73rd-largest of 1,496 plans among Tennessee employers on file, and the 549th of 11,654 in professional & technical services. In 2023, employees put in $1.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$308,339,025
Participants with balances1,370
Active participants950
Employer contributions$5,563,474
Employee contributions$9,568,851
Employer contribution per active participant$5,856
Average account balance$225,065
Benefits paid to participants$44,245,064
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$308.3M · 1,370 accts · $5.6M emplr
2022$271.6M · 1,374 accts · $5.0M emplr
The National Aerospace Solutions, LLC 401(k) match · 2023
Employer contribution per active participant$5,856
Median for plans this size$4,362
2023$5,856 per active participant
2022$5,332 per active participant

National Aerospace Solutions, LLC's 2023 employer contribution ran above the $4,362 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$96,519
VANGUARD ADVISERS INC. · Investment advisory (participants)$41,658
MCCONNELL & JONES LLP$36,599
SMITH GAMBRELL RUSSELL · Legal$25,736

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$198,761 · 0.07%
2022$170,316 · 0.07%
All plans at this employer2
NATIONAL AEROSPACE SOLUTIONS, LLC WAGE EMPLOYEES RETIREMENT SAVINGS PLAN401(k)
NATIONAL AEROSPACE SOLUTIONS, LLC EMPLOYEES SAVINGS PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · Tennessee
Bass, Berry & Sims TN$355.4M · 0.02%
Gresham Smith TN$224.7M · 0.12%
Barge Design Solutions, Inc. TN$142.0M · 0.25%
Miller & Martin PLLC TN$138.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471669555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.