Plan Ledger DOL Form 5500 · updated monthly

Natural Systems Utilities, LLC401(k)

NSU, LLC 401(K) PLAN · HILLSBOROUGH, NJ · plan year 2023

Reported admin expense ratio · 2023
0.32%

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

Natural Systems Utilities, LLC reported $31,935 in plan administrative expenses for 2023: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,811 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 0.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other utilities employers. By assets it is among the smaller plans on file in New Jersey (1,470th of 2,419), and 314th of 412 in utilities. In 2023, employees put in $3.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,732,783
Participants with balances147
Active participants137
Employer contributions$248,089
Employee contributions$776,118
Employer contribution per active participant$1,811
Average account balance$73,012
Benefits paid to participants$1,112,040
Plan auditUnmodified (clean) audit opinion
AuditorBEDERSON LLP
Plan history3
Yearassets · accounts · employer contribution
2024$558K · 19 accts · $46K emplr
2023$10.7M · 147 accts · $248K emplr
2022$9.3M · 141 accts · $239K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,919
Investment management$27,100
Trustee / custodial$916
Total administrative$31,935
The Natural Systems Utilities, LLC 401(k) match · 2023
Employer contribution per active participant$1,811
Median for plans this size$2,440
2023$1,811 per active participant
2022$1,850 per active participant

Natural Systems Utilities, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
CHADLER INVESTMENT ADVISORY SOLUTIO · Investment advisory (participants) · Investment advisory (plan)$27,100

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$19,924 · 0.35%
2023$31,935 · 0.32%
2022$27,847 · 0.27%
Similar plansUtilities · New Jersey
Trinity Solar, LLC NJ$60.0M · 0.22%
Local Union 94 I.B.E.W. NJ$24.1M · 0.96%
Spiniello Companies NJ$9.5M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262484092 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.