Plan Ledger DOL Form 5500 · updated monthly

National Tube Supply Company401(k)

NATIONAL TUBE SUPPLY COMPANY 401(K) SAVINGS PLAN · UNIVERSITY PARK, IL · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

National Tube Supply Company reported $59,311 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,324 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 0.49% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Illinois (2,256th of 3,702), and 2,718th of 4,246 in wholesale trade. In 2024, employees put in $3.32 for every $1.00 the employer contributed; active participation has grown from 182 to 242 since 2022.

Plan summary
Net assets, end of year$11,618,582
Participants with balances180
Active participants242
Employer contributions$320,362
Employee contributions$1,062,959
Employer contribution per active participant$1,324
Average account balance$64,548
Benefits paid to participants$1,482,995
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 180 accts · $320K emplr
2023$10.3M · 181 accts · $284K emplr
2022$7.5M · 139 accts · $243K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,876
Investment management$34,435
Total administrative$59,311
The National Tube Supply Company 401(k) match · 2024
Employer contribution per active participant$1,324
Median for plans this size$2,416
2024$1,324 per active participant
2023$1,048 per active participant
2022$1,335 per active participant

National Tube Supply Company'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 · 20243
MPS LORIA FINANCIAL PLANNERS, LLC · Investment advisory (plan)$26,955
EMPOWER ADVISORY GROUP, LLC · Investment management$7,480

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$59,311 · 0.54%
2023$44,224 · 0.49%
2022$41,044 · 0.49%
Same employer
Similar plansWholesale Trade · Illinois
S & S Automotive, Inc. IL$12.4M · 0.13%
Lynco Distribution, Inc. IL$12.2M · 0.57%
The Federated Group, Inc. IL$11.0M · 0.22%
Bill Doran LLC IL$10.8M · 0.64%
Woolf Holdings, LLC IL$10.8M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363720618 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.