Plan Ledger DOL Form 5500 · updated monthly

Nationsbenefits LLC401(k)

NATIONHEARING LLC 401K PROFIT SHARING PLAN TRUST · PLANTATION, FL · plan year 2024

Reported admin expense ratio · 2024
1.31%

Nationsbenefits LLC reported $86,304 in plan administrative expenses for 2024: 1.31% of average plan assets, higher than ~90% of peers. 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 3 years on file its reported administrative ratio has held roughly steady near 1.31%. 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 Florida (2,073rd of 3,644), and 8,841st of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$7,596,213
Participants with balances1,500
Active participants1,512
Employer contributions—
Employee contributions$2,936,513
Employer contribution per active participant—
Average account balance$5,064
Benefits paid to participants$2,216,659
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 1,500 accts
2023$5.6M · 1,660 accts
2022$3.6M · 1,221 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,304
Total administrative$86,304
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
ADP, INC. · Loan processing · Recordkeeping$86,303

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
2023ADP

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

Administrative cost history3
2024$86,304 · 1.31%
2023$97,441 · 2.12%
2022$38,730 · 1.29%
Same employer
Similar plansProfessional & Technical Services · Florida
C.A.P. Government, Inc. FL$7.7M · 0.58%
Forcura, LLC FL$7.6M · 0.09%
Chetu, Inc. FL$7.4M · 0.49%
Tax Defense Network, LLC FL$7.4M · 0.86%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 474660944 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.