Plan Ledger DOL Form 5500 · updated monthly

National Inspection Services, LLC401(k)

NATIONAL INSPECTION SERVICES, LLC 401(K) PLAN · SCOTT, LA · plan year 2022

Reported admin expense ratio · 2022
0.07%

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

National Inspection Services, LLC reported $2,695 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $303 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Louisiana (702nd of 884), and 10,520th of 11,654 in professional & technical services. In 2022, employees put in $6.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,053,864
Participants with balances88
Active participants124
Employer contributions$37,519
Employee contributions$227,950
Employer contribution per active participant$303
Average account balance$34,703
Benefits paid to participants$684,632
Plan auditUnmodified (clean) audit opinion
AuditorBROUSSARD POCHE', LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$775
Investment management$1,920
Total administrative$2,695
The National Inspection Services, LLC 401(k) match · 2022
Employer contribution per active participant$303
Median for plans this size$1,114

National Inspection Services, LLC's 2022 employer contribution ran below the $1,114 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 history1
2022$2,695 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Louisiana
Medkoder, LLC LA$3.6M · 1.03%
Ballard Brands, LLC LA$3.4M · 0.46%
Proof Media Mix LLC LA$3.1M · 0.33%
Can-Usa, Inc. LA$2.9M · 0.42%
Champion Management LA$2.4M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201941802 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.