Plan Ledger DOL Form 5500 · updated monthly

National Equipment Dealers, LLC.401(k)

NATIONAL EQUIPMENT DEALERS 401(K) PLAN · HOUSTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

National Equipment Dealers, LLC. reported $9,173 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,739 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 real estate & leasing employers. By assets it is the 2,584th-largest of 5,688 plans among Texas employers on file, and the 904th of 2,096 in real estate & leasing. In 2022, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,621,545
Participants with balances274
Active participants387
Employer contributions$672,959
Employee contributions$1,240,601
Employer contribution per active participant$1,739
Average account balance$49,714
Benefits paid to participants$1,200,898
Plan auditUnmodified (clean) audit opinion
AuditorBENTON, DUROY & IVEY, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $837K emplr
2022$13.6M · 274 accts · $673K emplr
Administrative expenses, itemized · 2022
Professional / advisory$9,173
Total administrative$9,173
The National Equipment Dealers, LLC. 401(k) match · 2022
Employer contribution per active participant$1,739
Median for plans this size$2,266

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

Administrative cost history2
2023Not separately reported
2022$9,173 · 0.06%
Same employer
Similar plansReal Estate & Leasing · Texas
Midway Holdings, LP TX$15.4M · 0.10%
Crimson Capital LTD TX$15.3M · 0.01%
Trademark Property Company TX$14.9M · 0.29%
Spirit Realty Capital, Inc. TX$13.5M · 0.65%
Buxton Company TX$13.1M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800934053 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.