Plan Ledger DOL Form 5500 · updated monthly

National Carriers, Inc.401(k)

NATIONAL CARRIERS, INC. PROFIT SHARING AND SAVINGS PLAN · LIBERAL, KS · plan year 2022

Reported admin expense ratio · 2022
0.14%

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

National Carriers, Inc. reported $16,296 in plan administrative expenses for 2022: 0.14% of average plan assets, below the peer median. Employer contributions averaged $734 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Kansas (480th of 828), and the 1,122nd of 2,677 in transportation & warehousing. In 2022, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,535,517
Participants with balances302
Active participants398
Employer contributions$292,111
Employee contributions$697,995
Employer contribution per active participant$734
Average account balance$34,886
Benefits paid to participants$1,246,848
Plan auditUnmodified (clean) audit opinion
AuditorMAYER HOFFMAN MCCANN PC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $311K emplr
2022$10.5M · 302 accts · $292K emplr
Administrative expenses, itemized · 2022
Investment management$7,596
Professional / advisory$8,700
Total administrative$16,296
The National Carriers, Inc. 401(k) match · 2022
Employer contribution per active participant$734
Median for plans this size$2,266

National Carriers, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$16,296 · 0.14%
Similar plansTransportation & Warehousing · Kansas
Smart Warehousing, LLC KS$12.0M · 0.52%
Intermodal Marketing, Inc. KS$11.6M · 0.01%
Alliance AG & Grain, LLC KS$10.6M · 0.28%
Fry-Wagner Systems, Inc. KS$8.3M · 0.43%
Village Travel, LLC KS$6.3M · 0.57%
Convoy, Inc. KS$5.9M

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Source: U.S. Department of Labor, Form 5500 series, EIN 480759431 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.