Plan Ledger DOL Form 5500 · updated monthly

National Medical Billing Services, LLC401(k)

NATIONAL MEDICAL BILLING SERVICES, LLC 401(K) RETIREMENT PLAN · CHESTERFIELD, MO · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

National Medical Billing Services, LLC reported $36,472 in plan administrative expenses for 2024: 0.37% of average plan assets, below the peer median. Employer contributions averaged $614 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 0.14% to 0.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Missouri (842nd of 1,393), and 7,976th of 11,654 in professional & technical services. In 2024, employees put in $5.36 for every $1.00 the employer contributed; active participation has shrunk from 396 to 345 since 2022.

Plan summary
Net assets, end of year$10,086,855
Participants with balances275
Active participants345
Employer contributions$211,852
Employee contributions$1,136,121
Employer contribution per active participant$614
Average account balance$36,679
Benefits paid to participants$2,475,913
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 275 accts · $212K emplr
2023$9.8M · 299 accts · $270K emplr
2022$4.6M · 226 accts · $209K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,315
Investment management$1,157
Total administrative$36,472
The National Medical Billing Services, LLC 401(k) match · 2024
Employer contribution per active participant$614
Median for plans this size$1,313
2024$614 per active participant
2023$327 per active participant
2022$527 per active participant

National Medical Billing Services, LLC'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$8,143

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$36,472 · 0.37%
2023$18,436 · 0.26%
2022$6,220 · 0.14%
Same employer
Similar plansProfessional & Technical Services · Missouri
Latchable, Inc. MO$10.9M · 0.03%
Abengoa North America, LLC MO$10.5M · 0.66%
Bishop McCann LLC MO$10.2M · 0.54%
Sbs Creatix LLC MO$9.8M · 0.04%
Bob Monnig Industries Inc MO$9.7M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421607009 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.