Plan Ledger DOL Form 5500 · updated monthly

Natural Light Energy Systems L401(k)

NATURAL LIGHT ENERGY SYSTEMS L 401(K) PROFIT SHARING PLAN & TRUST · PHOENIX, AZ · plan year 2022

Reported admin expense ratio · 2022
0.59%

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

Natural Light Energy Systems L reported $13,625 in plan administrative expenses for 2022: 0.59% of average plan assets, above the peer median. Employer contributions averaged $828 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 1 year on file its reported administrative ratio rose from 0.59% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Arizona (1,044th of 1,285), and 10,832nd of 11,654 in professional & technical services. In 2022, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,156,262
Participants with balances136
Active participants123
Employer contributions$101,803
Employee contributions$211,806
Employer contribution per active participant$828
Average account balance$15,855
Benefits paid to participants$334,612
Plan auditUnmodified (clean) audit opinion
AuditorBALDWIN MOFFITT BEHM LLP
Plan history2
Yearassets · accounts · employer contribution
2023$1.5M · 84 accts · $64K emplr
2022$2.2M · 136 accts · $102K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,291
Investment management$4,334
Total administrative$13,625
The Natural Light Energy Systems L 401(k) match · 2022
Employer contribution per active participant$828
Median for plans this size$1,114
2023$1,727 per active participant
2022$828 per active participant

Natural Light Energy Systems L's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$14,143 · 0.78%
2022$13,625 · 0.59%
Similar plansProfessional & Technical Services · Arizona
Ateah Management LLC AZ$2.5M · 1.24%
Protex AZ$2.4M · 0.57%
Bluemedia, Inc. AZ$2.3M · 0.95%
J.P. Industries, Inc. AZ$2.0M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861025427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.