Plan Ledger DOL Form 5500 · updated monthly

National Enterprise Systems, Inc.401(k)

NES 401(K) RETIREMENT PLAN · SOLON, OH · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

National Enterprise Systems, Inc. reported $3,777 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 rose from 0.01% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Ohio (2,372nd of 3,295), and 1,287th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$6,380,363
Participants with balances88
Active participants148
Employer contributions$0
Employee contributions$174,590
Employer contribution per active participant$0
Average account balance$72,504
Benefits paid to participants$688,953
Plan auditUnmodified (clean) audit opinion
AuditorMALONEY + NOVOTNY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 88 accts
2023$6.1M · 93 accts
2022$5.9M · 121 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,777
Total administrative$3,777
The National Enterprise Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

National Enterprise Systems, Inc.'s 2024 employer contribution ran below the $1,313 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.

Service providers · 20243
LPL FINANCIALindirect comp
STRATOS WEALTH PARTNERSindirect comp
ASCENSUS · Other servicesindirect comp

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

Administrative cost history3
2024$3,777 · 0.06%
2023$6,888 · 0.11%
2022$870 · 0.01%
Same employer
Similar plansAdministrative & Support Services · Ohio
Accuserve Solutions, Inc. OH$7.2M · 0.98%
Belflex Staffing Network OH$7.0M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341556903 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.