What are the fees in the National Laser Institute 401(k) plan?

For plan year 2022, National Laser Institute reported $9,172 in plan administrative expenses, or 2.57% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the National Laser Institute 401(k)?

The average participant account balance was $9,106 for plan year 2022, based on 42 accounts.

National Laser Institute401(k)

Name: National Laser Institute 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

NATIONAL LASER INSTITUTE 401(K) · SCOTTSDALE, AZ · plan year 2022

Reported admin expense ratio · 2022

2.57%

National Laser Institute reported $9,172 in plan administrative expenses for 2022: 2.57% of average plan assets, higher than ~75% of peers. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Arizona (1,230th of 1,285), and 3,050th of 3,091 in educational services.

Plan summary
Net assets, end of year$382,453
Participants with balances42
Active participants77
Employer contributions—
Employee contributions$174,262
Employer contribution per active participant—
Average account balance$9,106
Benefits paid to participants$61,925
Plan auditUnmodified (clean) audit opinion
AuditorATLAS CPAS & ADVISORS PLLC

What these fees cost you

Your balance

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$9,172 · 2.57%

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Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 861115104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.