Plan Ledger DOL Form 5500 · updated monthly

National Benefit Services, LLC401(k)

NBS RETIREMENT READINESS PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

National Benefit Services, LLC reported $44,245 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,270 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 3 years on file its reported administrative ratio has held roughly steady near 0.239%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 599th-largest of 1,393 plans among Missouri employers on file, and the 5,556th of 11,654 in professional & technical services. In 2024, employees put in $3.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,953,293
Participants with balances396
Active participants320
Employer contributions$406,263
Employee contributions$1,411,644
Employer contribution per active participant$1,270
Average account balance$50,387
Benefits paid to participants$1,821,731
Plan auditUnmodified (clean) audit opinion
AuditorTRAVELLER AND COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$20.0M · 396 accts · $406K emplr
2023$17.0M · 411 accts · $411K emplr
2022$12.2M · 365 accts · $326K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,245
Total administrative$44,245
The National Benefit Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,270
Median for plans this size$2,416
2024$1,270 per active participant
2023$1,210 per active participant
2022$1,073 per active participant

National Benefit Services, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$44,245 · 0.24%
2023$37,902 · 0.26%
2022$32,161 · 0.24%
Similar plansProfessional & Technical Services · Missouri
Hughesleahykarlovic, Inc. MO$20.5M · 0.54%
Horner & Shifrin, Inc MO$20.3M · 0.00%
The McClure Corporation MO$19.6M · 0.40%
Object Computing, Inc. MO$19.6M · 0.22%
Cambridge Engineering, Inc. MO$19.6M · 0.44%
Exegy Incorporated MO$19.3M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203886993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.