Plan Ledger DOL Form 5500 · updated monthly

National University Servies, Inc401(k)

NATIONAL UNIVERSITY SERVICES, INC EMPLOYEES 401(K) PLAN · SALEM, VA · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

National University Servies, Inc reported $28,550 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $358 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 0.27% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Virginia (1,855th of 2,266), and 2,540th of 3,091 in educational services. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has shrunk from 580 to 319 since 2022.

Plan summary
Net assets, end of year$4,728,929
Participants with balances189
Active participants319
Employer contributions$114,109
Employee contributions$236,724
Employer contribution per active participant$358
Average account balance$25,021
Benefits paid to participants$282,680
Plan auditUnmodified (clean) audit opinion
AuditorSST ACCOUNTANTS & CONSULTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$4.7M · 189 accts · $114K emplr
2023$4.2M · 109 accts · $48K emplr
2022$3.8M · 128 accts · $50K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,550
Total administrative$28,550
The National University Servies, Inc 401(k) match · 2024
Employer contribution per active participant$358
Median for plans this size$1,313
2024$358 per active participant
2023$134 per active participant
2022$87 per active participant

National University Servies, Inc'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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$28,549
MMA SECURITIES, LLC · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$28,550 · 0.64%
2023$11,428 · 0.29%
2022$11,031 · 0.27%
Similar plansEducational Services · Virginia
J127 Education Foundation VA$6.5M · 0.55%
Congressional School VA$6.3M · 0.71%
The Faison Center, Inc. VA$5.3M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541484044 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.