Plan Ledger DOL Form 5500 · updated monthly

National Service Source Inc. dba401(k)

USSI GLOBAL 401(K) PLAN · MELBOURNE, FL · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

National Service Source Inc. dba reported $46,194 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $3,411 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 0.01% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 1,230th-largest of 3,644 plans among Florida employers on file, and the 2,224th of 5,337 in construction. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has grown from 186 to 206 since 2022.

Plan summary
Net assets, end of year$17,525,082
Participants with balances227
Active participants206
Employer contributions$702,640
Employee contributions$945,140
Employer contribution per active participant$3,411
Average account balance$77,203
Benefits paid to participants$1,904,917
Plan auditUnmodified (clean) audit opinion
AuditorBERMAN HOPKINS
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 227 accts · $703K emplr
2023$15.8M · 230 accts · $638K emplr
2022$14.0M · 196 accts · $34K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,427
Investment management$15,767
Total administrative$46,194
The National Service Source Inc. dba 401(k) match · 2024
Employer contribution per active participant$3,411
Median for plans this size$2,416
2024$3,411 per active participant
2023$2,998 per active participant
2022$183 per active participant

National Service Source Inc. dba's 2024 employer contribution ran above 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$30,427
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Trustee$15,766
ADP BROKER-DEALERindirect 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
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, GLOBAL RETIREMENT PARTNERS

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

Administrative cost history3
2024$46,194 · 0.28%
2023$41,247 · 0.28%
2022$1,117 · 0.01%
Same employer
Similar plansConstruction · Florida
Southern Hvac Corporation FL$18.2M · 0.72%
Southern Erectors, Inc. FL$16.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593063999 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.