Plan Ledger DOL Form 5500 · updated monthly

National Retail Systems, Inc.401(k)

NATIONAL RETAIL SYSTEMS, INC. 401(K) PLAN · NORTH BERGEN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

National Retail Systems, Inc. reported $59,837 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $1,566 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 0.15% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 663rd-largest of 2,419 plans among New Jersey employers on file, and the 441st of 2,677 in transportation & warehousing. In 2024, employees put in $2.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,518,334
Participants with balances577
Active participants736
Employer contributions$1,152,439
Employee contributions$2,941,694
Employer contribution per active participant$1,566
Average account balance$70,222
Benefits paid to participants$1,926,225
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.5M · 577 accts · $1.2M emplr
2023$34.5M · 587 accts · $1.2M emplr
2022$27.3M · 555 accts · $991K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,837
Total administrative$59,837
The National Retail Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,566
Median for plans this size$2,416
2024$1,566 per active participant
2023$1,649 per active participant
2022$1,385 per active participant

National Retail Systems, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
NATIONWIDE INSURANCE · Recordkeeping · Custodial (securities)$68,929
PROACCOUNT · Investment advisory (participants)$38,077
INTAC ACTUARIAL SERVICES, INC · Claims processing · Pension consulting$18,172
HORNOR TOWNSEND & KENT, INC.indirect comp

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$59,837 · 0.16%
2023$146,370 · 0.47%
2022$41,752 · 0.15%
Same employer
Similar plansTransportation & Warehousing · New Jersey
Board of Trustees NJ$44.5M · 0.25%
Corcentric, Inc. NJ$41.8M · 0.20%
Western Carriers, Inc. NJ$41.7M · 0.44%
Rpm Group, Inc. NJ$39.3M · 204.98%
Shipco Transport Inc NJ$39.2M · 0.08%
A.I.G. Trucking, Inc. NJ$34.7M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222468341 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.